Sensex drops over 130 points in early trade; Nifty tests 17,000
Zee News
The 30-share BSE barometer was trading 138.56 points lower at 57,223.64 in opening trade. Similarly, the broader NSE Nifty dipped 43.55 points to 17,109.45.
Mumbai: Equity benchmark Sensex fell over 130 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, TCS and HCL Tech amid a weak trend in Asian markets and renewed foreign fund outflows.
The 30-share BSE barometer was trading 138.56 points lower at 57,223.64 in opening trade. Similarly, the broader NSE Nifty dipped 43.55 points to 17,109.45.
From the 30-share pack, HDFC Bank, HDFC, Kotak Mahindra Bank, Bajaj Finance, State Bank of India, Dr Reddy's, Bajaj Finserv, Nestle India, Asian Paints, HCL Technologies, TCS and Tech Mahindra were among the biggest laggards.
On the other hand, Maruti Suzuki India, ITC, Bharti Airtel and Sun Pharma were trading in the green.
On Friday, the 30-share BSE benchmark dropped 233.48 points or 0.41 per cent to settle at 57,362.20. The Nifty had declined 69.75 points or 0.40 per cent to 17,153.
