SBI was the top gainer in the Sensex pack.
Equity benchmark Sensex fell over 140 points on Friday for the second consecutive session, tracking weakness in banking and energy stocks amid a mixed trend overseas.
Traders said that investors are also worried about the continuous outflow of foreign funds.
The 30-share BSE index ended 143.20 points or 0.24% lower at 58,644.82. Similarly, the NSE Nifty closed 43.90 points or 0.25% lower at 17,516.30.
SBI was the top laggard in the Sensex pack, falling nearly 2%, followed by M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC and PowerGrid.
On the other hand, Sun Pharma, Asian Paints, Tata Steel and HDFC Bank were among the gainers.
Of the constituents of the Sensex, 19 stocks closed in the red while 11 closed in the green.
Elsewhere in Asia, shares closed higher in Hong Kong, Tokyo and Seoul. Chinese markets remained closed on account of the Lunar New Year holidays.
Stock exchanges in Europe were trading on a mixed note in mid-session deals.
International oil benchmark Brent crude rose 1.22% to $92.22 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market on Thursday, selling shares worth ₹1,597.54 crore, according to stock exchange data.
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