Stock markets decline in early trade tracking weak global peers, fresh foreign fund outflows

MUMBAI: (Feb 27) Benchmark indices Sensex and Nifty drifted lower in early trade on Friday tracking a weak trend in global markets and fresh foreign fund outflows.

The 30-share BSE Sensex dropped 364.62 points to 81,883.99 during initial trade. The 50-share NSE Nifty declined 117.15 points to 25,379.40.

From the Sensex pack, Maruti, Bharti Airtel, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank and UltraTech Cement were among the major laggards.