Equity markets decline in early trade dragged by services, realty stocks, FII outflows

Key Highlights

• The 50-share NSE Nifty declined by 106.70 points, or 0.41%, to 26,079.75.
• From the Sensex firms, Bajaj Finance, Bharat Electronics Ltd, Axis Bank, Bajaj Finserv, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra, NTPC, ICICI Bank, PowerGrid, Hindustan Unilever and Larsen & Toubro were the laggards.
• However, Tech Mahindra, Infosys, Eternal, Reliance Industries, Tata Motors Passenger Vehicles, Tata Consultancy Services, Trent, HCL Technologies and Tata Steel were among the gainers.
• "Emerging positive and negative news have the potential to keep the market volatile in the near-term.
• Robust economic growth and indications of earnings growth revival are supportive of markets.