Sensex Falls Over 350 Points From Day's High; HDFC Bank, Reliance Industries Top Drags

The S&P BSE Sensex and NSE Nifty 50 indexes erased intraday gain in afternoon trading dragged by losses in heavyweights like HDFC Bank, Reliance Industries, ITC, Bharti Airtel, Tata Consultancy Services and Sun Pharma. Weak European markets and US stock futures dampened mood on Dalal Street as traders booked profit in the last hour of trade, analysts said. Earlier in the day, benchmarks staged a gap up opening wherein the Sensex rose...