In early trade, Indian benchmark equity indices experienced a decline influenced by weak global market trends and continuous foreign fund outflows. The BSE Sensex dropped 158.2 points to 65,688.30, extending the previous day’s downward trend, while the NSE Nifty slipped 30.75 points to 19,540.10. Major contributors to the fall included ICICI Bank, Maruti, HCL Technologies, and Reliance Industries. Caution prevails in the market ahead of key events, including the RBI’s monetary policy and US inflation data scheduled for Thursday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 711.34 crore on Tuesday, adding to investor caution in the face of global economic uncertainties.