Sensex sinks 581 points on weak global cue; Nifty closes below 17,150

The 30-share index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.

Mumbai: Equity benchmark Sensex tumbled 581 points on Thursday, in tandem with a global selloff after the US Federal Reserve signalled policy tightening from March.

The 30-share index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.

HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys.