MUMBAI Benchmark equity indices Sensex and Nifty tumbled in early trade on Friday after a three-day rally, dragged by IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weak trends in global equities also added to markets' weakness during initial trading. The 30-share BSE Sensex tumbled 619.06 points to 81,947.31 in opening trade. From the 30-Sensex firms, Tata Steel, HCL Tech, Infosys, Tata Consultancy Services, NTPC and Tech Mahindra were among the biggest laggards. Geopolitical issues continue to plague global trade with continuous threats of tariff weaponisation by Trump.

Source: Indian Express January 30, 2026 05:25 UTC