Stock markets fall in early trade dragged by weak global peers

Market Overview - Benchmark indices Sensex and Nifty experienced declines in early trade, with Sensex dropping 285.28 points to 85,347.40 and Nifty falling 82.6 points to 26,109.55, following a two-day rally impacted by weak global market trends [1] - Asian markets also showed negative performance, with South Korea's Kospi down over 3 percent and Japan's Nikkei 225 index dropping more than 2 percent [2] Market Performance - The Nasdaq Composite fell by 2.15 percent, reflecting a 4.4 percent drop from its intra-day peak, indicating increased market volatility [3] - Foreign institutional investors (FIIs) purchased equities worth ₹283.65 crore, while domestic institutional investors (DIIs) bought stocks worth ₹824.46 crore on Thursday [3] Oil Prices - Brent crude oil benchmark decreased by 1.26 percent to $62.58 per barrel [4] Recent Trends - On the previous trading day, the Sensex had increased by 446.21 points, or 0.52 percent, closing at 85,632.68, while Nifty closed at 26,192.15 after gaining 139.50 points, or 0.54 percent [4]