Sensex drops over 100 points in early trade

Equity benchmark Sensex dropped over 100 points in early trade on Wednesday dragged by losses in index majors HUL, HDFC twins and Infosys amid mixed cues from global markets. The 30-share BSE Sensex was trading 108.36 points, or 0.29 per cent, lower at 37,821.97. Similarly, the NSE Nifty slipped 29.50 points, or 0.26 per cent, to 11,132.75. Bajaj Finance was the top loser in the Sensex pack, shedding around 2 per cent, followed by HUL, Maruti, IndusInd Bank, SBI, Tech Mahindra, L&T, Infosys and HDFC duo. On the other hand, Axis Bank, Sun Pharma, NTPC and ITC were among the gainers.