Equity benchmark Sensex dropped over 100 points in opening trade on Wednesday tracking losses in financial stocks amid weak cues from global markets. The 30-share index was trading 100.60 points or 0.25 per cent lower at 39,473.97, and the NSE Nifty fell 23.45 points or 0.20 per cent to 11,638.95.

Bajaj Finance was the top loser in the Sensex pack, shedding around 5 per cent, followed by Bajaj Finserv, IndusInd Bank, ICICI Bank, Kotak Bank and Axis Bank.

On the other hand, ONGC, Maruti, Reliance Industries, HUL and UltraTech Cement were trading on a positive note.

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