Sensex drops over 100 points in early trade; Nifty tests 17,850
The Hindu
M&M was the top loser in the Sensex pack followed by HCL Tech, Tech Mahindra, Dr Reddy’s, Maruti, Bajaj Auto and TCS.
Equity benchmark Sensex fell over 100 points in early trade on Thursday, tracking losses in index majors Infosys, Reliance Industries and TCS amid a negative trend in global markets and sustained foreign fund outflow.
Despite opening on a positive note, the 30-share index turned red to trade 112.13 points or 0.19% lower at 59,896.20. Similarly, the Nifty fell 35.95 points or 0.20 % to 17,862.70.
M&M was the top loser in the Sensex pack, shedding over 1%, followed by HCL Tech, Tech Mahindra, Dr Reddy’s, Maruti, Bajaj Auto and TCS.
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