Mumbai, Jan. 16 -- Indian stock market saw selling pressure on Friday with Nifty slipping below the 25,700 mark, and Sensex remained marginally higher after shedding close to 600 points from the day's high.

At the time of market closing, Sensex was 188 points, or 0.23 per cent, higher at 83,570.35. On the other hand, Nifty 50 settled at 25,694.35, up 29 points, or 0.11 per cent.

Rupee weakened sharply by 48 paise to 90.82, extending losses.

Analysts believe that the market witnessed positive momentum during the session, driven by better Q3 results, and reflected a phase of stabilisation after recent volatility.

Vinod Nair, Head of Research, Geojit Investments Limited said, "The equity markets witnessed positive momentum during the ses...