BOMBAY -- Bombay stocks slid 0.31% Friday, as the BSE Sensex fell 37.49 points to close at 12,236.78.

Gainers Friday were

Grasim

, which rose 1.97%,

Reliance Industries

, up 1.49%, and

Gujarat Ambuja

, up 1.29%.

Among the losers were

Satyam Computers

( SAY), which lost 2.55%,

ITC

, down 1.55%, and

Tata Motors

(TTM) - Get Report

, off 1.50%.

Bharti Airtel

closed 0.79% higher on the news that the company's overseas arm were awarded licences to operate 3G as well as 2G mobile services.

This story was created through a joint venture between TheStreet.com and IRIS.