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Stock markets decline in early trade dragged down by Bajaj Finance, foreign fund outflows

Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged down by Bajaj Finance and fresh foreign fund outflows. The US markets ended higher in overnight deals on Monday. President Donald Trump announced on Monday that the US will soon reduce the tariffs imposed on India, as the two nations have finalized a trade deal.

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Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged down by Bajaj Finance and fresh foreign fund outflows.

The 30-share BSE Sensex depreciated by 259.36 points, or 0.31 per cent, to 83,275.99 in early trade. The 50-share NSE Nifty dropped 72.90 points, or 0.29 per cent, to 25,501.45.

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