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Markets trade lower in early deals on profit-taking in blue-chip stocks

Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark declined 130.92 points to 82,595.72 in early trade. The 50-share NSE Nifty dipped 23 points to 25,196.90

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The US markets ended higher on Wednesday. Representational Pic

The US markets ended higher on Wednesday. Representational Pic

Benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking in blue-chip stocks and continuous foreign fund outflows.

Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark declined 130.92 points to 82,595.72 in early trade. The 50-share NSE Nifty dipped 23 points to 25,196.90.

From the Sensex firms, Trent, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, Infosys and Axis Bank were among the biggest laggards.

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