Sensex drops over 100 pts to slip below 37,000 mark

Mumbai: Domestic equity benchmark BSE Sensex dropped over 100 points to fall below the 37,000 mark on Thursday tracking weak cues from other Asian markets amid concerns of a looming global economic slowdown.

The 30-share index was trading 127.32 points, or 0.34 per cent, lower at 36,933.05. The broader Nifty too fell 44.80 points, or 0.17 per cent, to 10,873.90 in morning trade. 

In the previous session, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37. The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70. 

Top laggards in the Sensex pack included Vedanta, Yes Bank, Bajaj Finance, IndusInd Bank, ONGC, Tata Steel, Sun Pharma, HDFC Bank and SBI, which fell up to 3 per cent. 

While ITC, L&T, HUL, Kotak Bank, TCS and TechM rose up to 1.37 per cent.

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