Nifty Tips - Sensex Falls 160 pts, Nifty Opens Below 10,100 Post North Korea Threat

Matrimony extended losses for the second consecutive session today, falling 4.5 percent to Rs 863.95 against previous closing.

The stock closed sharply lower on its listing day - Thursday. It was down 8.1 percent at Rs 904.65 compared with issue price of Rs 985.

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Nifty Pharma index gained 0.2 percent, outperforming all other indices that are under pressure.

Sun Pharma, Glenmark Pharma, Cadila Healthcare and Dr Reddy's Labs were up 0.1-1.1 percent.

The Rs 8,400-crore initial public offering of SBI Life Insurance Company has been subscribed 58 percent on final day, as per latest data available on exchanges.

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The issue received bids for 5.08 crore equity shares against IPO size of 8.82 crore shares, excluding anchor investors' portion.

"The dollar is at an inflection point and it is going to be a large determinant of what the broad direction of emerging markets including rupee is going to be," Brijen Puri, Markets Head-India at JPMorgan said in an interview to CNBC-TV18.

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