Weak global cues drag Sensex by over 100 pts; SBI & RIL dip

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The Sensex is down 127.53 points at 26933.51, and the Nifty slips 35.15 points at 8070.35.

GAIL, ONGC, Sesa Sterlite, SBI, Reliance fall around 1 percent. Cipla, Bajaj Auto, TCS, Wipro and Dr Reddy's Labs are top gainers in the Sensex.

The Indian rupee slipped in early trade. It has opened lower by 27 paise at 60.92 per dollar against 60.65 Friday.

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