Mumbai: Equity benchmark Sensex slumped over 500 points in early trade on Wednesday.
At 10:25 am, the 30-share Sensex was trading 367.05 points lower at 59,300.55. Similarly, the Nifty declined 81.30 points to 17,667.30.
ICICI Bank was the top loser in the Sensex pack followed by HDFC Bank, Maruti, Bajaj Auto, Infosys and Bajaj Finserv.
On the other hand, Dr Reddy’s, Tata Steel, Sun Pharma and Nestle India were among the gainers.
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