Stock markets decline amid surging oil prices, foreign fund outflows
Mumbai, Apr 28 (PTI) Stock market benchmark indices Sensex and Nifty buckled under selling pressure on Tuesday as a sharp rally in oil prices and foreign fund outflows dented investors’ sentiment. The 30-share BSE Sensex declined 416.72 points, or 0.54 per cent, to settle at 76,886.91. During the day, it lost 562.57 points, or 0.72 per cent, to 76,741.06. The 50-share gauge NSE Nifty dropped 97 points, or 0.40 per cent, to end at 23,995.70. From the 30-Sensex firms, Axis Bank, HCL Tech, InterGlobe Aviation, Maruti, State Bank of India and ICICI Bank were among the biggest laggards. In contrast,