Stock markets decline in initial trade on foreign fund outflows, weak Asian peers
Mumbai, Nov 4 (PTI) Equity benchmark indices Sensex and Nifty were trading lower in early trade on Tuesday amid persistent foreign fund outflows and weak trend in Asian markets. The 30-share BSE Sensex dropped 55 points to 83,923.48 in early trade. The 50-share NSE Nifty dipped 40.95 points to 25,722.40. From the Sensex firms, Power Grid, Eternal, HCL Tech, Maruti, Tata Motors and Infosys were among the major laggards. However, Bharti Airtel, Titan, Reliance Industries and Mahindra & Mahindra were the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,883.78 crore on Monday, according to exchange data. Domestic Institutional