Market Live Updates: Sensex drops over 350 points in early trade, Nifty dips below 17,750-mark
Share/Stock Market Live Updates: The benchmark equity indices on BSE and National Stock Exchange (NSE) opened on a negative note on Thursday as global sentiment soured after minutes of the US central bank’s last policy meeting pointed to aggressive rate hikes and investors awaited cues from the Reserve Bank of India’s policy meeting on Friday.
The S&P BSE Sensex tanked 354.54 points to 59,255.87 in early trade while the Nifty declined 91.35 points to 17,716.30.
On the Sensex pack, HDFC twins – HDFC and HDFC Bank were the top laggards in early trade along with Titan, Wipro, TCS and Infosys. On the other hand, Asian Paints, UltraTech, Sun Pharma, Dr. Reddy’s Labs, HUL and ICICI Bank were the top gainers.
(with inputs from agencies)