Stock markets trade lower on persistent foreign fund outflows

MUMBAI: (Jan 8) Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid persistent foreign fund outflows and concerns about potential US tariff hikes.

The 30-share BSE Sensex declined 255.86 points to 84,705.28 in early trade. The 50-share NSE Nifty went down by 65.9 points to 26,074.85.

From the 30-Sensex firms, Tata Consultancy Services, Asian Paints, Maruti, Tech Mahindra, Infosys and UltraTech Cement were among the biggest laggards.