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Sensex tanks over 450 points in early trade; Nifty slips below 14,800

Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC, TCS, ICICI Bank, Bajaj Auto, Tech Mahindra, M&M and Maruti.

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This picture has been used for representational purpose

This picture has been used for representational purpose

Equity benchmark Sensex tumbled over 450 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Kotak Bank amid negative cues from global markets.

The 30-share BSE index was trading 470.10 points or 0.95 per cent lower at 49,032.31 in initial deals.

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