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MUMBAI -- Indian stocks fell Friday, with the BSE Sensex losing 16.60 points, or 0.13%, to close at 12,372.81.

Laggards Friday were

HLL

, which shed 1.86%,

HDFC

, down 1.54%, and

ITC

, down 1.44%.

The gainers were

Hindalco

, up 2.12%,

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Reliance Communications

, up 1.56% and

Gujarat Ambuja

, up 1.04%.

Ranbaxy

lost 0.35% even as its subsidiary,

Ranbaxy Pharmaceuticals Canada

, and

Janssen-Ortho

inked a licensing and supply agreement for a generic fentanyl patch sold under Ranbaxy's label, RAN fentanyl transdermal system.

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