Sensex sinks over 400 points in early trade; Nifty drops below 14,500

Equity benchmark Sensex dropped over 400 points in early trade on Thursday, dragged by losses in index majors Reliance Industries, Infosys, and HDFC Bank amid foreign fund outflow and a weak trend in global markets. The 30-share BSE index was trading 404.94 points or 0.82 percent lower at 48,775.37, and the broader NSE Nifty declined 113.50 points or 0.78 percent to 14,435.90.

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