Sensex Drops Over 350 Points From Day's High Amid Choppy Trade

A selloff across sectors, led by banking and financial services shares, pulled the markets lower. At 11:54 am, the Sensex traded at 38,308.53, down 48.65 points - or 0.13 per cent - from its previous close, while the Nifty was down 1.75 point - or 0.02 per cent - at 11,332.10. (Also Read: Markets Could Be Heading Into Consolidation, Say Analysts) Mahindra & Mahindra, GAIL, UPL, NTPC and Cipla, trading between 1.99 per cent and 3.6...