<h1>BSE Sensex drops 287 points to 83,409 as banking stocks decline amid foreign fund outflows</h1> Indian stock markets declined with the BSE Sensex falling 287 points to 83,409.69 and NSE Nifty dropping 88 points to 25,453.40. Major banking and financial stocks led the decline amid profit-taking and foreign fund outflows of Rs 1,970 crore. Investor caution prevailed ahead of US tariff deadlines and upcoming quarterly earnings. Despite positive manufacturing data showing 14-month high growth at 58.4 and GST collections rising 6.2% to Rs 1.84 lakh crore, market sentiment remained subdued due to mixed global cues and foreign capital flight.