Markets Fall For 3rd Straight Day On FII Outflows, Global Weakness

Falling for the third straight day, benchmark index Sensex declined by nearly 95 points while Nifty slipped below 25,500 on Friday as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment.

- Press Trust Of India

The 30-share BSE Sensex declined 94.73 points, or 0.11 per cent, to settle at 83,216.28. During the day, it tanked 640.06 points, or 0.76 per cent, to 82,670.95.

The 50-share NSE Nifty dipped 17.40 points, or 0.07 per cent, to 25,492.30.

Among Sensex firms, Bharti Airtel tumbled 4.46 per cent after Singtel said it has sold about 0.8 per cent stake in the firm for Rs 10,353 crore (SGD 1.5 billion).

Tech Mahindra, Trent, Reliance Industries, HCL Tech, Hindustan Unilever, and ITC were also among the laggards.