Tumbling for the second consecutive day, equity benchmark Sensex dropped more than 140 points on February 4, following weakness in power and banking stocks and mixed trends in global bourses. Persistent foreign fund outflows have kept the investors worried.

The 30-scrip BSE Sensex dropped 143.20 points or 0.24% to close at 58,644.82. Similarly, the NSE Nifty ended 43.90 points or 0.25% lower at 17,516.30.

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The top losers in the Sensex pack were SBI by 1.83%, M&M by 1.73%, NTPC by 1.72%, Kotak Mahindra by 1.32% and Wipro by 1.12%.

Among sectors, auto, PSU Bank and realty indices down 1-2%, while metal index surged over 1%. BSE midcap index fell 0.68% and smallcap index shed 0.45%.

On the other hand, the gainers were, Sun Pharma by 1.21%, Asian Paints by 1.06%, Tata Steel by 0.90%, Ultratech Cement by 0.68% and HDFC Bank by 0.65%.

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Top Nifty gainers were Hindalco by 2.45%, ONGC by 1.28%, Sun Pharma by 1.12%, Asian Paints by 1.00% and Divi’s Lab by 0.95%.

Among the laggards, Hero Moto Corp dropped by 2.25%, SBIN by 1.97%, M&M by 1.92%, NTPC by 1.79% and Eicher Motors by 1.57%.

Among the Sensex constituents, 19 stocks closed in the red while 11 ended in the green.

Asian market bourses such as Hong Kong, Tokyo and Seoul closed positively. Chinese stock markets were closed for the Lunar New Year holidays.

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European stock exchanges were trading on a mixed note in mid-session deals.

International oil benchmark Brent crude went up 1.22% to USD 92.22 per barrel.

According to stock exchange data, foreign institutional investors (FIIs) remained net sellers in the capital market, selling shares worth Rs 1,597.54 crore on Thursday. The Indian rupee closed at 74.69 against the US dollar.