Sensex loses over 250 pts; banks, Reliance, Coal India drag

Nifty Futures Tips

The Sensex is down 258.37 points or 0.8 percent at 29203.90 and the Nifty is down 69.50 points or 0.8 percent at 8825.80. About 796 shares have advanced, 848 shares declined, and 154 shares are unchanged.

ICICI Bank, Reliance, HDFC, Coal India and Tata power are major laggards.

The Indian rupee gained in the early trade. It has opened higher by 13 paise at 62.21 per dollar versus 62.34 Wednesday.

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