Sensex drops over 200 points; Nifty below 11,100

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The BSE Sensex dropped over 200 points in early trade Monday on increased selling of realty, consumer durables, auto and banking stocks, amid weak Asian cues and surging global crude oil prices. The depreciating rupee also dampened investor sentiment. The 30-share index, after opening positive at 36,924.72, quickly succumbed to selling pressure and fell by 210.22 points, or 0.57 per cent, to 36,631.38 in early trade. The gauge has lost 1,249.04 points in the previous four sessions. Similarly, the NSE Nifty declined by 65.50 points, or 0.59 per cent, to 11,077.60 after a touching a high of 11,170.15. Sectoral indices led by realty, consumer durables, auto, banking and healthcare were trading in the negative zone, falling up to 1.66 per cent.

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