Equity benchmark Sensex dropped over 100 points in early trade on Wednesday, tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets. The 30-share BSE index was trading 104.99 points or 0.20 per cent lower at 52,664.74 in initial deals, while the broader NSE Nifty slipped 31.80 points or 0.20 per cent to 15,780.55.

Maruti was the top loser in the Sensex pack, slipping around 1 per cent, followed by ICICI Bank, HDFC, Axis Bank, IndusInd Bank and Tata Steel. On the other hand, Tech Mahindra, L&T, HCL Tech and Sun Pharma were among the gainers. In the previous session, Sensex ended 397.04 points or 0.76 per cent higher at 52,769.73, and the broader NSE Nifty surged 119.75 points or 0.76 per cent to settle at 15,812.35.