Sensex falls over 70 pts in early trade, Nifty hovers around 17,350
The Hindu
While Axis Bank, Sun Pharma, Infosys, ICICI Bank, SBI, and Kotak Bank incurred losses, Asian Paints, ITC, Nestle India, Tata Steel, HUL and Maruti were among the gainers.
Equity benchmark Sensex declined over 70 points in early trade on Tuesday, tracking losses in index heavyweights Infosys, ICICI Bank and TCS amid foreign fund outflows. The 30-share Sensex was trading 79.69 points or 0.14% lower at 58,217.22. Similarly, Nifty fell 26.30 points or 0.15% to 17,351.50 in initial deals. Axis Bank was the top loser in the Sensex pack, shedding nearly 1%, followed by Sun Pharma, Infosys, ICICI Bank, SBI, and Kotak Bank. Meanwhile, TCS slipped 0.26%.
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Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.