Sensex drops over 200 pts; Nifty near 11,600

Mumbai: Market benchmark Sensex dropped over 200 points in opening session on Thursday as incessant foreign fund outflow and coronavirus overhang weighed on global investor sentiment.

The 30-share index dropped 202.44 points, or 0.51 per cent, to 39,686.52, while the NSE Nifty fell 62.75 points, or 0.54 per cent, to 11,615.75.

Also Read | Sensex, Nifty rally on robust GDP data, rupee recovery

In the previous session, the Sensex settled with a loss of 392.24 points, or 0.97 per cent, at 39,888.96, and Nifty plummeted 119.40 points or 1.01 per cent to end at 11,678.50.

Also Read | Sensex, Nifty turn choppy on mixed Asian cues

Brent crude oil futures fell 1.19 per cent to USD 52.18 per barrel. The rupee appreciated 2 paise to 71.63 against the US dollar in morning session.(PTI)

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