Markets Fall in Early Trade

Mumbai: Benchmark equity indices declined in early trade on Thursday after hawkish commentary from the US Fed on interest rates.

After rallying for the past three days, the 30-share BSE Sensex fell 158.16 points to 63,070.35. The NSE Nifty dipped 34.15 points to 18,721.75.

From the Sensex pack, IndusInd Bank, Infosys, Tata Consultancy Services, Reliance Industries, NTPC, Bajaj Finserv, Axis Bank, Power Grid, Tata Steel and State Bank of India were the major laggards.