The market closed largely lower after a weak session in trade due to global cues. The indices shed 0.6% each.

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The Sensex closed at 34,915 points, and the Nifty closed at 10,618 points with Sun Pharma being the major index loser throughout the day. Sun Pharma lost more than 3% in trade on Friday.

From all the major indices, Nifty Bank was the only index to end above the flatline, while the Nifty Midcap recovered from its low point of the day.

HCC, which plunged more than 20% in trade on Thursday, is now trading with gains of more than 7% after Ajit Gulabchand, HCC's CMD, clarified that the firm's subsidiary Lavasa is not filing for a bankruptcy. The company gained around a percent in the session.

Among the losers, Idea Cellular lost more than 2%. All the indices ended the day in the red.

On the global front, Hong Kong's Hang Seng reported more than a percent loss in trade and China's Shanghai reported a 0.30% loss.

First Published:May 4, 2018 3:51 PM IST