Stock markets decline in early trade mirroring weak global peers

MUMBAI: (Oct 13) Benchmark indices Sensex and Nifty fell in early trade on Monday, tracking a sharp decline in global markets after the US announced an additional 100 per cent tariff on Chinese goods effective November 1.

The 30-share BSE Sensex dropped 451.82 points to 82,049 in early trade. The 50-share NSE Nifty declined 109.55 points to 25,175.80.

From the Sensex firms, Tata Motors, Bharat Electronics, Tata Steel, Infosys, NTPC and Axis Bank were among the major laggards.

Source: PTI News

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