Markets trade lower in early trade

Mumbai: Equity benchmarks Sensex and Nifty declined in early trade on Friday amid weak trend in global markets and sell-off in IT counters.

The 30-share BSE benchmark index fell 385.38 points to 61,413.65 in early trade. The broader NSE Nifty declined 115.35 points to 18,299.55.

From



the Sensex pack, Tata Consultancy Services, Wipro, HCL Technologies, Infosys, ITC, Kotak Mahindra Bank and Mahindra & Mahindra were the major laggards. Larsen & Toubro, Reliance Industries, Power Grid, Bharti Airtel, Axis Bank and UltraTech Cement were among the winners.