Sensex drops over 100 points in early trade; Nifty below 11,750

After opening with mild gains, the 30-share BSE index made a U-turn and fell 123.22 points or 0.31 per cent to 40,022.28. Similarly, the broader NSE Nifty slipped 29.65 points or 0.25 per cent to 11,738.10.