Sensex drops over 200 points in early trade; Nifty slips below 17,950

The 30-share index was trading 245.5 points or 0.41 per cent lower at 60,076.87 in initial deals. Similarly, the Nifty fell 72.40 points or 0.40 per cent to 17,926.80.

Mumbai: Equity benchmark Sensex fell over 200 points in early trade on Wednesday tracking losses in index majors Reliance Industries, HDFC twins and ICICI Bank amid a largely negative trend in Asian markets.

The 30-share index was trading 245.5 points or 0.41 per cent lower at 60,076.87 in initial deals. Similarly, the Nifty fell 72.40 points or 0.40 per cent to 17,926.80.

HDFC was the top loser in the Sensex pack, shedding over 1 per cent, followed by Dr Reddy's, Reliance Industries, Axis Bank, Kotak Bank and HCL Tech.