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

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. Similarly, the broader NSE Nifty slumped 145.80 points or 0.98 per cent to 14,796.55.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. Similarly, the broader NSE Nifty slumped 145.80 points or 0.98 per cent to 14,796.55.