Sensex drops over 100 pts in early trade; Nifty slips below 15,800 PTI
Mumbai: Equity benchmark Sensex tumbled over 100 points in early trade Friday, tracking losses in index majors HDFC Bank, ICICI Bank and L&T amid sustained foreign fund outflow.
After opening over 150 points higher, the 30-share BSE index pared all gains to trade 141.67 points or 0.27 per cent lower at 52,695.54 in initial deals, while the broader NSE Nifty declined 42.05 points or 0.27 per cent to 15,782.
L&T was the top loser in the Sensex pack, shedding around 1 per cent, followed by Sun Pharma, Bajaj Finance, HDFC Bank and Kotak Bank.
On the other hand, HCL Tech, UltraTech Cement, Tata Steel, Titan and Maruti were among the gainers.
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