ONGC | Nifty50's top gainer, ONGC's shares ended 2.6 percent higher.

Metal stocks | The Nifty Metal index fell the most among sectoral indices, down three percent. Shares of Tata Steel, MOIL, JSW Steel, SAIL, JSL, Vedanta, Jindal Steel, Hindalco, Adani Enterprises ended 1.9 to 5.1 percent lower.

Adani stocks | It is exactly a month since US-based short-seller Hindenburg research came out with a report that contained allegations of fraud against the Adani Group. Since then, the group market capitalisation has more than halved from its peak and is no longer the $100 billion enterprise. On Friday, shares of Adani Enterprises, Adani Green, Adani Power, Adani Transmission, ended five percent lower.

SpiceJet | Shares of budget carrier SpiceJet Ltd gained more than two percent on Friday ahead of the announcement of its December quarter financial results and a crucial board meeting that will consider proposals to shore up its equity capital. Its stock ended 12.3 percent higher.

Macrotech Developers | Nifty500's top loser, its shares ended 10.7 percent lower.