Equity benchmark Sensex dropped over 250 points in early trade on Friday tracking losses in banking and financial stocks amid negative cues from global markets.
The 30-share BSE index was trading 281.86 points or 0.55 per cent lower at 51,042.83.
Similarly, the broader NSE Nifty was quoting 87.25 points or 0.58 per cent down at 15,031.70.