Sensex declines over 250 pts in early trade; Nifty tests 11,850
Equity benchmark Sensex dropped over 250 points in early trade on Thursday, tracking losses in index majors Reliance Industries, ICICI Bank and Infosys amid weak cues from global markets. The 30-share BSE index was trading 279.13 points or 0.69 per cent lower at 40,428.18, and the broader NSE Nifty fell 80.05 points or 0.67 per cent to 11,857.60. ICICI Bank was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Asian Paints, Reliance Industries, PowerGrid, Nestle India and SBI. On the other hand, Bajaj Finserv,…
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