Sensex drops in early trade; Nifty nears 18,400

Mumbai (Maharashtra) [India], October 20 (ANI): Equity benchmark indices opened in the red on Wednesday with Sensex down by 118.54 points and Nifty down by 36.60 points.

At 9.30 am, the 30-scrip BSE Sensex was down by 118.54 points or 0.19 per cent at 61597.51. Similarly, 50-scrip NSE Nifty was trading at 18382.20 at 9.30 am, down by 36.60 points or 0.20 per cent.

At 10:10:23 am, the 30-share index was trading 10.04 points higher at 61,726.09 in initial deals. Similarly, the Nifty dropped 19.80 points or 0.46 per cent to 18,398.95.

Bajaj Finance was the top loser in the Sensex pack followed by IndusInd Bank, Bajaj Finserv, Bajaj Auto, Tata Steel and Axis Bank.

On the other hand, Nestle India, HUL, Bharti Airtel, Asian Paints and HCL Tech were among the gainers.

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