Sensex declines over 200 pts in early trade, Nifty below 12,700

Mumbai: Equity benchmark Sensex dropped over 200 points in early trade on Thursday, tracking losses in financial stocks ahead of Finance Minister Nirmala Sitharaman’s press conference.
The 30-share BSE index was trading 226.79 points or 0.52 per cent lower at 43,366.88.
Similarly, the broader NSE Nifty slipped 60 points or 0.47 per cent to 12,689.15.
IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by HDFC twins, Kotak Bank, SBI, Axis Bank and ICICI Bank.
On the other hand, M&M, Sun Pharma, Infosys, HUL and Nestle India were trading with gains.
In the previous session, Sensex settled 316.02 points or 0.73 per cent higher at 43,593.67, while Nifty vaulted 118.05 points or 0.93 per cent to close at a record 12,749.15.