Stock markets tumble in early trade on West Asia conflict, foreign fund outflows
The Hindu
Stock markets decline as geopolitical tensions in West Asia and foreign fund outflows dampen investor sentiment and U.S. equity weakness.
Stock market benchmark indices Sensex and Nifty tumbled in early trade on Friday (March 6, 2026) after a day's breather amid persistent geopolitical conflict in West Asia and relentless foreign fund outflows.
Weakness in the U.S. equities and subdued trend in Asian markets also dampened sentiments.
The 30-share BSE Sensex tumbled 572.43 points to 79,443.47 in early trade. The 50-share NSE Nifty dropped 178.75 points to 24,587.15.
From the Sensex pack, ICICI Bank, InterGlobe Aviation, Larsen & Toubro, HDFC Bank, UltraTech Cement and Tata Steel were among the major laggards.
HCL Technologies, Tech Mahindra, Infosys, Tata Consultancy Services and Bharat Electronics were among the gainers.
Brent crude, the global oil benchmark, dropped 1.17% to $84.41 per barrel.
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