ICICI Bank fell 2.7 per cent, while mortgage lender HDFC slumped 2.6 per cent.
The Sensex provisionally fell 1.09 per cent, while the Nifty ended down 1.01 per cent.
Markets @ 09.00 AM (Reuters)
The Sensex gains 0.25 percent and the Nifty is up 0.13 percent, after falling for five consecutive sessions.
Asian shares steady on Friday after falling nearly 2 percent this week on worries about the looming U.S. "fiscal cliff".
Telecom shares extend gains after a tepid demand in a 2G airwave auction raises hopes for lower prices: Bharti Airtel gains 1.6 percent, while Idea Cellular advances 1.2 percent.
Some recent under-performers gain on short-covering: Infosys gains 1.1 percent after falling 2.8 percent so far this month as of Thursday's close.