Stock markets decline in early trade dragged by blue-chips Reliance, ICICI Bank
Mumbai, Jan 19 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Monday dragged by blue-chips Reliance Industries and ICICI Bank, while sustained foreign fund outflows and global tariff uncertainties also dented investors’ sentiment. The 30-share BSE Sensex declined 320.69 points to 83,249.66 in early trade. The 50-share NSE Nifty went down by 124.60 points to 25,573.40. From the 30-Sensex firms, ICICI Bank dropped 3 per cent after its consolidated profit for the December quarter declined 2.68 per cent to Rs 12,537.98 crore, hit by an RBI-mandated Rs 1,283-crore provision for agricultural loans wrongly classified as priority