Benchmark indices Sensex and Nifty fell sharply in early trade on Friday amid persistent foreign fund outflows and weak global cues. IT and tech stocks led the losses even as DIIs continued to support the market through strong buying.
Mumbai: Benchmark indices Sensex and Nifty tumbled in early trade on Friday as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment.
The 30-share BSE Sensex tanked 631.93 points to 82,679.08 in early trade. The 50-share NSE Nifty declined 184.55 points to 25,325.15.
From the Sensex firms, Bharti Airtel, HCL Tech, Tech Mahindra, NTPC, Tata Consultancy Services and Maruti were among the biggest laggards.
However, ITC, ICICI Bank, Eternal and Power Grid were among the gainers.
In Asian markets, South Korea’s Kospi,

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