Markets Fall In Early Trade On Weak Trend In US Equities, Foreign Fund Outflows

The 30-share BSE Sensex declined 54.08 points to 60,076.63 points while the broader NSE Nifty fell 24 points to 17,745.25 points.

Equity benchmark indices declined in early trade on Wednesday tracking weak trends in the US market and foreign fund outflows.

Also, a weak trend in index major Reliance Industries and ICICI Bank dragged down the benchmark indices lower in initial trade.

The 30-share BSE Sensex declined 54.08 points to 60,076.63 points while the broader NSE Nifty fell 24 points to 17,745.25 points.

Among the Sensex firms, Tata Steel, State Bank of India, Reliance Industries, Bajaj Finserv, NTPC, Kotak Mahindra Bank, ITC, ICICI Bank, HDFC Bank and HDFC were the biggest laggards.