Sensex drops over 300 pts in early trade; Nifty below 14,700
Equity benchmark Sensex tumbled over 300 points in early trade on Monday, tracking losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets. The 30-share BSE index was trading 305.33 points or 0.61 per cent lower at 49,552.91, and the broader NSE Nifty fell 76 points or 0.52 per cent to 14,668. PowerGrid was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, ICICI Bank, HDFC Bank and IndusInd Bank. On the other hand, Sun…
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