Sensex drops 261.58 points; Nifty declines 76.7 points to in early trade

Sensex on Friday dropped 261.58 points to 83,206.08; Nifty declined 76.7 points to 25,508.60 in early trade.

Equity markets ended sharply higher on Thursday, with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed rate cut hopes.

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