On account weak global cues, on Wednesday early trade, the BSE Sensex slipped over 200 points and Nifty below 8,650-mark.

The BSE Sensex opened 40.87 pts, or 0.15% , down at 28,050.55, while NSE Nifty opened 34 pts, or 0.39% down at 8,657.30. At 10.18 am, Axis Bank was trading 7.47% down at Rs 489.55.

At 9.32 am, In the Nifty 50 index, Bharti Airtel, Kotak Mahindra Bank, IndusInd Bank and Idea Cellular were up between 0.45% and 1.68%, while Axis Bank, ICICI Bank, Bharti Infratel, Tata Motors and Tata Motors DVR were down between 1.16% and 5.69%.

At 9.18 am, BSE Sensex cracked over 200 points to 27890. Nifty was down 46.50 points at 8,644.