Sensex drops over 300 points in early trade; Nifty below 14,700

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Equity benchmark Sensex tumbled over 300 points in early trade on Monday, tracking losses in index majors Reliance Industries, HDFC Bank, and ICICI Bank amid a weak trend in global markets. The 30-share BSE index was trading 305.33 points or 0.61 percent lower at 49,552.91, and the broader NSE Nifty fell 76 points or 0.52 percent to 14,668.

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Equity benchmark Sensex tumbled over 300 points in early trade on Monday, tracking losses in index majors Reliance Industries, HDFC Bank, and ICICI Bank amid a weak trend in global markets. The 30-share BSE index was trading 305.33 points or 0.61 percent lower at 49,552.91, and the broader NSE Nifty fell 76 points or 0.52 percent to 14,668.

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