Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment
Mumbai, Jan 6 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India. The 30-share BSE Sensex declined 431.95 points to 85,007.67 during early trade. The 50-share NSE Nifty tanked 105.6 points to 26,144.70. From the 30-Sensex firms, Trent tumbled over 7 per cent even as the Tata group retail firm reported a 17 per cent growth in standalone revenue to Rs 5,220 crore in the December quarter. Reliance Industries, Tata Motors Passenger Vehicles,