Sensex tanks over 500 points, Nifty slips below 15,800
The Hindu
HDFC Twins, ICICI, Kotak Bank track heavy losses
Equity benchmark Sensex plunged over 500 points in early trade on Monday, tracking heavy losses in HDFC twins, ICICI Bank and Kotak Bank amid weak cues from global markets. The 30-share BSE index was trading 515.54 points or 0.97% lower at 52,624.52 in initial deals, while the broader NSE Nifty fell 146.75 points or 0.92% to 15,776.65. HDFC Bank was the top loser in the Sensex pack, shedding over 2% , followed by HDFC, IndusInd Bank, Kotak Bank, Axis Bank and ICICI Bank.
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