Early trade markets decline due to weak global cues.
Early trading saw a decline of 137.84 points to 57.7 82.13 points, in the 30-share BSE Sensex. The larger NSE Nifty also dropped 52.75 points to 17,132.95. The top laggards among the Nifty components were Mahindra & Mahindra, Adani Enterprises, JSW Steel, and Larsen & Toubro. On the other hand, early trade saw winners include Bajaj Auto, State Bank of India, ICICI Bank, and Eicher Motors. Seoul traded higher in Asia, but markets in Tokyo, Shanghai, and Hong Kong were down. Friday’s closing price on Wall Street was substantially lower. According to Prashanth Tapse, Research Analyst, Senior VP (Research), Mehta…