India's shares drop 4 per cent on weak global cues

India's shares drop 4 per cent on weak global cues New Delhi - Indian equities slid 4 per cent in early trade Wednesday on fresh selling by funds and investors tracking weak global cues.

The benchmark Sensex which remained firm in the last two trading sessions and gained 460 points on Tuesday, dropped to 10,255.38 points, down 4 per cent at 11:15 am (0545 GMT).

Similarly, broader 50-share Nifty index fell 127.25 points to 3,107.65 points, a loss of 3.93 per cent.

Market analysts said trading sentiments were dampened by the weakening trends in global markets including the bourses in the United States. (dpa)

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