Sensex plunges over 700 points in early trade; Nifty sinks below 17,700
The Hindu
Tata Steel, Titan, ITC and HCL Tech were among the gainers
Equity benchmark Sensex tanked over 700 points in early trade on October 29 tracking losses in index majors Reliance Industries, HDFC twins ad ICICI Bank amid persistent foreign fund outflow.
The 30-share index was trading 704.22 points or 1.17% lower at 59,280.48 in initial deals. Similarly, the Nifty fell 181.70 points or 1.02% to 17,675.55.
HDFC was the top loser in the Sensex pack, shedding around 4%, followed by IndusInd Bank, Kotak Bank, Axis Bank, Reliance Industries and HDFC Bank.
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