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Sensex drops over 200 points in early trade; Nifty tests 15,700

HCL Tech was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC Bank, Bharti Airtel, M&M, IndusInd Bank, ICICI Bank and Axis Bank

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This picture has been used for representational purpose

This picture has been used for representational purpose

Equity benchmark Sensex tumbled over 200 points in early trade on Tuesday, tracking losses in HDFC twins, ICICI Bank and HCL Tech amid intense selloff in global markets. The 30-share BSE index was trading 201.61 points or 0.38 per cent lower at 52,351.79 in initial deals, while the broader NSE Nifty fell 58.45 points or 0.37 per cent to 15,693.95.

HCL Tech was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC Bank, Bharti Airtel, M&M, IndusInd Bank, ICICI Bank and Axis Bank. On the other hand, UltraTech Cement, Asian Paints, PowerGrid and Nestle India were among the gainers. In the previous session, Sensex tumbled 586.66 points or 1.10 per cent to close at 52,553.40, and Nifty slumped 171 points or 1.07 per cent to 15,752.40.

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