Sensex Declines Over 250 pts in Early Trade; Nifty Tests 18,000-Level

Mumbai: Equity benchmark Sensex declined over 250 points in early trade to slip below the 61,000 mark on Thursday, tracking heavy losses in auto, IT and banking stocks amid a negative trend in global markets.

Besides, a weak rupee against the dollar also impacted domestic equities, traders said.

The 30-share BSE index was trading 280.36 points or 0.46 per cent lower at 60,753.19 in initial deals. Similarly, the broader NSE Nifty fell 87.35 points or 0.48 per cent to 18,069.65.

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