Sensex declines 455 points on foreign fund outflows, trade-related concerns

MUMBAI: (Jan 12) Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows, concerns over further US tariffs on Indian exports and geopolitical overhangs dent investors’ sentiment.

The 30-share BSE Sensex dropped 455.35 points to 83,120.89 in early trade. The 50-share NSE Nifty tanked 135.35 points to 25,547.95.

From the 30-Sensex firms, Bharat Electronics, Larsen & Toubro, Eternal, Power Grid, Adani Ports, Infosys, Reliance Industries and Bajaj Finance were among the biggest laggards.