The Indian stock markets experienced a decline in early trading on Tuesday, attributed to sustained foreign fund outflows and investor caution ahead of key events in the United States, such as the presidential election and the Federal Reserve`s anticipated interest rate decision, as per PTI.

The BSE Sensex dropped by 326.58 points, reaching 78,455.66, while the NSE Nifty slipped by 86.7 points to 23,908.65 in early trade. According to PTI, within the 30-share Sensex pack, major decliners included Adani Ports, ITC, Reliance Industries, HDFC Bank, Power Grid, and Hindustan Unilever. However, shares of JSW Steel, Tata Steel, IndusInd Bank, Tata Motors, Maruti, and Sun Pharma showed gains, offering a degree of support in an otherwise pressured market.