mumbai dalal street wilted under intense selling pressure on friday mirroring a meltdown in global equities as investors braced for slowing growth world over amid policy tightening by central banks a sharp drop in the rupee amid a spurt in crude oil prices and unabated foreign fund outflows added to the woes the sensex dived 867 points or 16 to finish at 54836 during the day it tanked 1115 points or 2 to 54587 similarly the nifty tumbled 271 points or 16 to settle at 16411 bajaj finance was the top laggard among the sensex components skidding 5on a weekly basis the sensex slumped 2225 points or 39 foreign institutional investors remained in selling mode offloading shares worth a net rs 5517 crore on fridayus stocks down againwall streets main indices opened lower on friday as strongerthanexpected jobs data amplified investor concerns over bigger interest rate hikes by the us fed to tame surging prices dow jones fell 224 points or 07 at the open to 32774 agencies