Sensex plunges over 500 pts on global selloff; Nifty tests 17,600

Equity benchmark Sensex slumped over 500 points in early trade on Wednesday, tracking losses in index majors HDFC Bank, ICICI Bank and Infosys amid heavy selloff in global markets.The 30-share Sensex was trading 501.74 points or 0.84 per cent lower at 59,165.86. Similarly, the Nifty declined 135.05 points or 0.76 per cent to 17,613.55.ICICI Bank was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by HDFC Bank, Maruti, Bajaj Auto, Infosys and Bajaj Finserv.On the other hand, Dr Reddy’s, Tata Steel, Sun Pharma and Nestle India were among the gainers.



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