The BSE Sensex was trading 114.08 points, or 0.32 per cent, lower at 35,123.60. It had dropped 226.45 points in opening trade.
Benchmark stock indices opened on a negative note Friday following weak global cues after the US Federal Reserve left key interest rates on hold last night, but hinted a rate hike next month.
The 30-share index had surged 246 points in the special Muhurat session Wednesday to mark the beginning of Hindu Samvat year 2075.
The NSE Nifty saw similar movement, and was trading 31.05 points, or 0.29 per cent, lower at 10,567.35