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Sensex, Nifty decline in early trade amid foreign fund outflows

  •   Fri, Feb 21 2025 10:42:59 AM

Daijiworld Media Network- Mumbai

Mumbai, Feb 21: Equity benchmark indices Sensex and Nifty opened lower on Friday, weighed down by foreign fund outflows, weak US market trends, and tariff concerns.

The BSE Sensex fell 202.21 points, settling at 75,533.75 in early trade, while the NSE Nifty dropped 63.5 points to 22,849.65.

Among the top losers in the Sensex pack were:

Mahindra & Mahindra
Kotak Mahindra Bank
UltraTech Cement
Tata Motors
ICICI Bank
Infosys
Maruti Suzuki
Sun Pharma

Meanwhile, Zomato, Tata Steel, NTPC, and Larsen & Toubro saw gains.

According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,311.55 crore on Thursday, contributing to market weakness.

In the Asian markets, Seoul and Tokyo were trading lower, while Shanghai and Hong Kong showed positive momentum.

On Wall Street, US markets closed lower on Thursday, reflecting concerns over economic policies and global trade uncertainties.
  

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Title: Sensex, Nifty decline in early trade amid foreign fund outflows



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