![](https://www.udayavani.com/wp-content/uploads/2024/07/ganesha-415x276.png)
Indian markets decline in early trade on weak trends from Asian peers, foreign fund outflows
PTI, May 21, 2024, 10:09 AM IST
![](https://www.udayavani.com/wp-content/uploads/2024/05/BSE-PTI-file-1-620x349.jpg)
Representative image (Source: PTI)
Mumbai: Equity benchmark indices declined in early trade on Tuesday in line with weak trends from Asian markets and fresh foreign fund outflows.
The 30-share BSE Sensex declined 218.11 points to 73,787.83. The NSE Nifty dipped 97.45 points to 22,404.55.
Among the Sensex components, Nestle, Mahindra & Mahindra, Bajaj Finserv, Axis Bank, Hindustan Unilever and ICICI Bank were the major laggards.
Tata Steel, Power Grid, Tata Steel and Asian Paints were among the gainers.
In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the positive territory.
Wall Street ended mostly higher on Monday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 92.95 crore on Saturday, according to exchange data.
Global oil benchmark Brent crude declined 0.56 per cent to USD 83.24 a barrel.
The BSE benchmark climbed 88.91 points or 0.12 per cent to end at 74,005.94 in a special trading session on Saturday. The NSE Nifty advanced 35.90 points or 0.16 per cent to 22,502.
The National Stock Exchange (NSE) and BSE conducted a special trading session in the equity and equity derivative segments on May 18 to check their preparedness for handling major disruptions or failures at the primary site.
Markets were closed on Monday due to the fifth phase of the Lok Sabha elections in Mumbai.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/07/IndiGo-PTI-rep-150x74.jpg)
IndiGo flags higher inflationary environment, escalation in fuel, airport costs
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-bull-run-150x113.jpg)
Sensex rebounds 1,293 points, Nifty races to record high on value buying in bluechips
![](https://www.udayavani.com/wp-content/uploads/2024/07/idbi-150x84.jpg)
IDBI Bank privatisation: Security clearances in place, RBI’s nod expected soon
![](https://www.udayavani.com/wp-content/uploads/2024/07/EV-rep-Shutterstock-1-150x89.jpg)
Hyundai ties up with Charge Zone for high-speed EV chargers
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-PTI-4-150x98.jpg)
Stock markets fall for 4th day on selling in banking shares, STT hike
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/07/ganesha-150x100.png)
Encourage people to celebrate Ganesha festival in eco-friendly way: K’taka minister tells officials
![](https://www.udayavani.com/wp-content/uploads/2024/07/jaishanka-150x79.jpg)
Jaishankar discusses bilateral cooperation, issue of trafficking of Indian nationals with Laos PM
![](https://www.udayavani.com/wp-content/uploads/2024/07/track-4-150x84.jpg)
Karnataka Sampark Kranti Express crew suspended for violating speed restriction in Mathura
![](https://www.udayavani.com/wp-content/uploads/2024/07/amarnath-3-150x87.jpg)
Over 1,700 pilgrims leave Jammu base camp for Amarnath
![](https://www.udayavani.com/wp-content/uploads/2024/07/army-14-150x85.jpg)
3 Army personnel injured in exchange of fire in J K’s Kupwara
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.