Markets pare early gains amid foreign fund outflows

Markets pare early gains amid foreign fund outflows

MUMBAI [Maha Media]: Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Monday but soon turned negative amid fresh foreign fund outflows and caution ahead of the earnings season beginning this week.

The 30-share BSE benchmark Sensex climbed 296.94 points to 79,520.05 in early trade. The NSE Nifty went up by 85.2 points to 24,089.95.

However, later both the benchmark indices turned negative and were trading lower. The 30-share BSE benchmark quoted 68.56 points lower at 79,159.58, and the Nifty traded 48.20 points down at 23,956.55.
 

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