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Markets decline in early trade on foreign fund outflows

The 30-share BSE benchmark Sensex declines 202.21 points to 75,533.75 in early trade
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Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid foreign fund outflows, weak US markets and tariff threats.

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The 30-share BSE benchmark Sensex declined 202.21 points to 75,533.75 in early trade. The NSE Nifty dipped 63.5 points to 22,849.65.

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From the Sensex pack, Mahindra & Mahindra, Kotak Mahindra Bank, UltraTech Cement, Tata Motors, ICICI Bank, Infosys, Maruti and Sun Pharma were among the biggest laggards.

Zomato, Tata Steel, NTPC and Larsen & Toubro were among the gainers.

Foreign Institutional Investors offloaded equities worth Rs 3,311.55 crore on Thursday, according to exchange data.

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In Asian markets, Seoul and Tokyo were trading lower while Shanghai and Hong Kong quoted in the positive territory.

US markets ended lower on Thursday.

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