Stock markets decline in early trade amid profit-taking, fresh foreign fund outflows

Stock markets decline in early trade amid profit-taking, fresh foreign fund outflows

Business


Brokers track market trends as Sensex and Nifty extend gains on Thursday.
| Photo Credit: ANI

Benchmark indices Sensex and Nifty declined in early trade on Friday (October 24, 2025) amid profit-taking after almost a week-long rally and fresh foreign fund outflows.

The 30-share BSE Sensex dropped 153.18 points to 84,403.22 in early trade. The 50-share NSE Nifty dipped 51.1 points to 25,840.30.

Both the benchmark indices hit their 52-week highs on Thursday (October 23, 2025).

From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Axis Bank, Power Grid, Eternal and Adani Ports were among the major laggards.

However, Bharat Electronics, ICICI Bank, Mahindra & Mahindra and Tata Steel were among the gainers.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded higher.

U.S. markets ended in positive territory on Thursday (October 23).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,165.94 crore on Thursday (October 23), according to exchange data. Domestic Institutional Investors (DIIs) however, were buyers as they bought equities worth ₹3,893.73 crore in the previous trade.

Global oil benchmark Brent crude dipped 0.47% to $65.68 a barrel.

Rising for the sixth straight session on Thursday (October 23), the Sensex climbed 130.06 points or 0.15% to settle at 84,556.40. The Nifty ended 22.80 points or 0.09% higher at 25,891.40.



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