Sensex slips 95 points in early trade; Nifty hovers around 16,600

The 30-share index was trading 96.18 points or 0.17 per cent lower at 55,852.92. Similarly, the broader NSE Nifty slipped 23.70 points or 0.14 per cent to 16,613.20.

Mumbai: Equity benchmark Sensex dropped over 95 points in early trade on Friday, tracking losses in index majors HDFC twins, Infosys and ICICI Bank amid unabated foreign fund outflows. The 30-share index was trading 96.18 points or 0.17 per cent lower at 55,852.92. Similarly, the broader NSE Nifty slipped 23.70 points or 0.14 per cent to 16,613.20. M&M was the top loser in the Sensex pack, shedding over 1 per cent, followed by HDFC, Tech Mahindra, ICICI Bank, Infosys and IndusInd Bank.