In early trade on Wednesday, October 16, 2024, Indian markets saw a decline, driven by persistent foreign fund outflows and a weak global market trend.
The BSE Sensex fell by 240.75 points, bringing it to 81,579.37, while the NSE Nifty dropped by 62.7 points, settling at 24,994.65. Investors remained cautious as global market uncertainties and foreign fund withdrawals weighed on sentiment, leading to losses across key sectors.