Equity benchmark indices Sensex and Nifty tumbled in early trade on Thursday amid a sharp fall in Adani group stocks and unabated foreign fund outflows. Weak trends from Asian peers also drove the markets lower during the initial trade.

Benchmark indices Sensex and Nifty declined 1 percent in November 21 trade, weighed down by a sharp sell-off in Adani group stocks, rising geopolitical tensions and persistent foreign institutional investor (FII) outflows.