Sensex drops over 100 points in early trade; Nifty slips below 18,100

The 30-share index opened on a positive note but soon pared the gains and was trading 114.93 points or 0.19 per cent lower at 60,706.69 in initial deals. Similarly, the Nifty declined 58.55 points or 0.32 per cent to 18,056.35.