Sensex Dips 5.42 Points In Early Trade; Nifty Up 2.40 Points
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Continuous foreign fund outflows played spoilsport for the domestic markets. Mumbai: Benchmark equity indices fell in early trade on Tuesday despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events -- RBI's monetary policy and the US inflation data -- due later this week. Continuous foreign fund outflows played spoilsport for the domestic markets. In early trade, the 30-share BSE Sensex dipped 5.42 points to 65,948.06. The NSE Nifty went up 2.40 points to 19,599.70. Later, the BSE benchmark fell by 93.4 points to 65,860.08 and the Nifty skidded 21.05 points to 19,576.25. From the Sensex pack, Power Grid, Mahindra & Mahindra, Bharti Airtel, Nestle, HDFC Bank, Infosys, JSW Steel, Tata Consultancy Services, ITC and Hindustan Unilever were the major laggards. Titan, State Bank of India, Tata Steel, NTPC, Asian Paints, UltraTech Cement, Tata Motors and Kotak Mahindra Bank were among the major gainers. In Asian markets, Seoul and