Markets fall in early trade on relentless foreign fund outflows
PTI
Equity benchmark indices fell in early trade on Tuesday amid continuous foreign fund outflows from the capital markets and largely muted earnings from corporates so far.
The BSE Sensex declined 322.24 points to 79,682.80 during the initial trade. The NSE Nifty went lower by 86.55 points to 24,252.60. From the 30 Sensex pack, Bharti Airtel fell by nearly 3% even as the company reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter.
Mahindra & Mahindra, Sun Pharma, Tata Motors, JSW Steel, Infosys and IndusInd Bank were also among the laggards. NTPC, ICICI Bank, Larsen & Toubro and Nestle were the gainers.
The BSE Sensex declined 322.24 points to 79,682.80 during the initial trade. The NSE Nifty went lower by 86.55 points to 24,252.60. From the 30 Sensex pack, Bharti Airtel fell by nearly 3% even as the company reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter.
Mahindra & Mahindra, Sun Pharma, Tata Motors, JSW Steel, Infosys and IndusInd Bank were also among the laggards. NTPC, ICICI Bank, Larsen & Toubro and Nestle were the gainers.