Equity Markets Slide in Early Trade as Services, Realty Weakness and FII Selling Pressure Indices

Indian markets opened lower as selling in services and realty stocks along with persistent foreign outflows weighed on sentiment despite supportive long-term growth indicators.

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9 days ago

Equity Markets Slide in Early Trade as Services, Realty Weakness and FII Selling Pressure Indices

Equity Markets Slide in Early Trade as Services, Realty Weakness and FII Selling Pressure Indices
Selling pressure weighed on Indian equity benchmarks in early trade as losses in services and realty stocks combined with continued foreign fund outflows kept sentiment weak. The Sensex slipped over 316 points to 85,395.85, while the Nifty fell by more than 106 points to trade near 26,079. Bajaj Finance, Axis Bank, Maruti Suzuki, Asian Paints, ICICI Bank, NTPC, and Larsen & Toubro emerged as major drags.