Stock markets open in red as Sensex tumbles over 670 points, Nifty declines 203 points to 24,210

Stock markets opened in red on the second consecutive day after the presentation of the Union Budget on July 23. The equity benchmark indices declined in early trade on Thursday amid weak global cues and unabated foreign fund outflows. The 30-share BSE Sensex fell 671 points to 79,477.83. Meanwhile, the Nifty declined 202.7 points to 24,210.80 points.