Sensex dives 587 points as banking, financial shares plunge
Equity indices plunged on Monday with the benchmark BSE sensex falling nearly 600 points dragged by banking and financial shares amid weak global cues. The 30-sahre BSE index fell 587 points or 1.1 per cent to close at 52,553; while the broader NSE Nifty settled 171 points or 1.07 per cent lower at 15,752.
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Equity indices plunged on Monday with the benchmark BSE sensex falling nearly 600 points dragged by banking and financial shares amid weak global cues. The 30-sahre BSE index fell 587 points or 1.1 per cent to close at 52,553; while the broader NSE Nifty settled 171 points or 1.07 per cent lower at 15,752.
