Sensex sheds over 200 points in early trade; Nifty below 9,200

Equity benchmark Sensex dropped over 200 points in early trade on Wednesday tracking losses in index-heavyweights ITC, Axis Bank and Kotak Bank amid rising concerns over the country’s economic outlook as COVID-19 cases spike. The 30-share index was trading 256.76 points or 0.82 per cent lower at 31,196.75, and the NSE Nifty fell 77.60 points, or 0.84 per cent, to 9,128.

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