HDFC was the top gainer in the Sensex pack.
Equity benchmark Sensex tumbled 770 points to close below 59,000-mark on Thursday as selling pressure towards the fag-end intensified amid profit-booking at IT and finance counters.
Traders said continued foreign capital outflow also weighed on the sentiment.
The 30-share BSE index closed at 58,788.02, down 770.31 points or 1.29%. Similarly, the NSE Nifty fell 219.80 points or 1.24% to end at 17,560.20.
HDFC was the top loser in the Sensex pack, falling over 3%, followed by Infosys, L&T, Kotak Bank, Bajaj Finserv and Tech Mahindra.
On the other hand, ITC, Maruti, Titan, SBI and Asian Paints were among the gainers.
Of the constituents of the Sensex, 25 stocks closed in the red while 5 closed in the green.
Among other Asian markets, Tokyo closed in the red, while Seoul remained positive.
Many Asian markets, including China and Hong Kong, remained closed due to the Lunar New Year holidays.
Stock exchanges in Europe were trading on a mixed note in mid-session deals. International oil benchmark Brent crude slipped 0.65% to $88.89 a barrel.
According to stock exchange data, foreign institutional investors (FIIs) continued to be net sellers in the capital market on Wednesday.
India’s services sector activity slowed further in January as new business grew at a much slower pace amid the escalation of the pandemic, restrictions and inflationary pressures, a monthly survey said on Thursday.
The seasonally adjusted India Services Business Activity Index fell to 51.5 in January, down from 55.5 in December, pointing to the slowest rate of expansion in the current six-month sequence of growth.
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