Tag: unabated foreign fund outflows

Sensex, Nifty tumble nearly 1% on unabated foreign fund outflows; TCS earnings in focus

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Photo used for representation purpose only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Thursday (January 9, 2025) due to heavy selling in market heavyweights HDFC Bank, TCS and Reliance as investors turned nervous over earnings growth concerns amid unabated foreign capital outflows. Besides, abysmally low Chinese…

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Markets decline in early trade on unabated foreign fund outflows

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Photo used for representation purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty dropped in initial trade on Thursday (January 9, 2025) dragged by persistent foreign fund outflows, with investors staying on the sidelines ahead of the earnings season. TCS is kick-starting the December quarter results calendar on Thursday. The 30-share BSE benchmark…

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