Equity benchmark Sensex dropped over 300 points in early trade on Wednesday. At 10:20am, the 30-share BSE index was trading 600.58 points lower at 49,450.86, and the broader NSE Nifty declined 170.30 points to 14,644.45.
ONGC was the top loser in the Sensex pack followed by SBI, ICICI Bank, IndusInd Bank, Reliance Industries and Infosys.
On the other hand, Asian Paints, Dr Reddy’s PowerGrid and Sun Pharma were among the gainers.
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