Sensex tanks over 600 points in early trade; Nifty drops below 14,500
The Hindu
Elsewhere in Asia, bourses in Hong Kong and Seoul were trading on a negative note in mid-session deals.
Market benchmark Sensex plunged over 600 points in early trade on Monday, tracking losses in index-heavyweights Reliance Industries, HDFC twins and ICICI Bank amid a negative trend in Asian equities. The 30-share BSE index tanked 607.32 points or 1.24% to 48,175.04 in initial deals. Similarly, the broader NSE Nifty tumbled 152.45 points or 1.04% to 14,478.65.
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