Indian equity indices saw a decline in early trading on Tuesday, following four days of gains, influenced by global market trends and foreign fund outflows. The BSE Sensex fell 297.97 points to 73,574.32, while the Nifty dropped 86.05 points to 22,319.55, led by profit-taking. Major laggards included HCL Tech, TCS, ICICI Bank, Infosys, Axis Bank, and Reliance Industries, while Tata Motors, Mahindra & Mahindra, SBI, and NTPC were among the gainers. Asian markets were mixed, with Seoul, Tokyo, and Hong Kong down, while Shanghai traded higher. US markets also closed lower on Monday. Brent crude declined to USD 82.64 a barrel, and FIIs sold equities worth Rs 564.06 crore on Monday. The BSE and Nifty had ended at record highs in the previous session after a four-day rally.
Indian Stock Indices Retreat Amid Global Weakness
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/03/05170237/newindianexpress_2024-03_9177c057-27a4-4e26-8d42-477f86280d6b_2023102230730121-ezgif.com-avif-to-jpg-converter-860x569.jpg)