Sensex, Nifty decline amid FIIs outflows

Benchmark indices Sensex and Nifty declined in early trade on Tuesday as uninterrupted foreign fund outflows continued to hit investors’ sentiment.

After a day’s breather, the 30-share BSE benchmark Sensex declined 201.44 points to 75,795.42 in early trade. The NSE Nifty dipped 82.65 points to 22,876.85.

At 10:20 am, Sensex was trading 394.03 points lower at 75,602.83, whereas Nifty was trading 132.60 points down at 22,826.90.

From the Sensex pack, Tata Steel, NTPC, IndusInd Bank, State Bank of India, UltraTech Cement and Tata Motors were among the biggest laggards.

Tech Mahindra, Maruti, Infosys, HCL Tech and Tata Consultancy Services were among the gainers.

Helped by fag-end buying on Monday, the Sensex climbed 57.65 points or 0.08 per cent to settle at 75,996.86, ending an eight-day losing run. The Nifty rebounded 30.25 points or 0.13 per cent to 22,959.50.

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