Stock markets decline in early trade on relentless foreign fund outflows
Indian stock market indices Sensex and Nifty declined in early trade due to significant foreign institutional investor outflows. Despite the drop, cooling crude oil prices provided some market support.
Why it matters
Sustained foreign selling and rising US bond yields are creating volatility in emerging markets like India, impacting investor sentiment.
Market benchmark indices Sensex and Nifty drifted lower in early trade on Thursday (October 1, 2026) as relentless foreign fund outflows weighed on investors' sentiment, although cooling crude oil prices that traded below the $100 per barrel mark cushioned the fall.
The 30-share BSE Sensex declined 215 points to 72,257.30 in early trade. The 50-share NSE Nifty was down 107.25 points to 22,518.90.
From the 30 Sensex firms, Mahindra & Mahindra, Maruti, UltraTech Cement, Bharat Electronics, Eternal and Asian Paints were the major laggards.
Kotak Mahindra Bank, Infosys, HCL Tech, Tata Consultancy Services and Axis Bank were among the winners.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹10,148.41 crore on Wednesday (September 30, 2026), according to exchange data.
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