Markets Trim Early Gains as Foreign Fund Outflows and Earnings Season Caution Weigh
Indian equity markets gave up early gains on January 6, reflecting investor caution driven by persistent foreign fund outflows and apprehensions ahead of the upcoming earnings season. After opening in positive territory, key indices such as the BSE Sensex and NSE Nifty witnessed a reversal, with selling pressure emerging across sectors. Analysts attributed the volatility to concerns over global economic conditions and the impact of rising interest rates on corporate profitability. Foreign institutional investors (FIIs) continued their selling spree, pulling funds out of Indian equities in favor of safer assets…