Equity benchmark Sensex declined over 220 points in opening trade on February 4, tracking weakness in index heavyweights Wipro, TCS, Infosys and RIL amid a mixed trend in the global market.<\/p>\n
Persistent foreign capital outflows also affected the market sentiment, traders said.<\/p>\n
The BSE gauge was trading 220.21 points or 0.37% lower at 58,567.81 in early trade. Likewise, the Nifty fell 72.85 points or 0.41% to 17,487.35.<\/p>\n
Titan was the top loser in the Sensex pack, shedding 1.39%, followed by Wipro, TCS, Infosys, Reliance Industries, HCL Tech and HDFC.<\/p>\n
On the other hand, Tata Steel, PowerGrid, Sun Pharma, ITC and NTPC were among the gainers.<\/p>\n
In the previous session, the 30-share index ended 770.31 points or 1.29% lower at 58,788.02. Similarly, the NSE Nifty plunged 219.80 points or 1.24% to 17,560.20.<\/p>\n
Elsewhere in Asia, bourses in Hong Kong and Seoul were trading with gains in mid-session deals, while Tokyo was in the red.<\/p>\n
Chinese markets are shut for the Lunar New Year holiday.<\/p>\n
Stock exchanges in the U.S. finished with deep losses in theovernight session.<\/p>\n
Meanwhile, international oil benchmark Brent crude rose 0.44% to $91.51 per barrel.<\/p>\n
Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth \u20b91,597.54 crore on February 3, according to stock exchange data.<\/p>\n