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Markets decline in early trade after two days of rally

Among the major laggards were Tata Motors, ICICI Bank, Titan, HDFC Bank, JSW Steel, Tech Mahindra, UltraTech Cement, and Axis Bank. On the other hand, Asian Paints, Bharti Airtel, ITC, and Hindustan Unilever were among the gainers

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Representative image

Representative image

India's equity benchmark indices declined in early trade on Wednesday following two days of gains, driven by selling pressure in Tata Motors and weak trends in Asian markets. The 30-share BSE Sensex dropped by 111.85 points to 81,809.44, while the NSE Nifty slipped 39.2 points to 25,001.90.

Among the major laggards were Tata Motors, ICICI Bank, Titan, HDFC Bank, JSW Steel, Tech Mahindra, UltraTech Cement, and Axis Bank. On the other hand, Asian Paints, Bharti Airtel, ITC, and Hindustan Unilever were among the gainers, reported PTI. 

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