Sensex Plunges Over 500 Points, Nifty Near 10,600

The equity benchmarks extended their losses in afternoon session on Thursday, led by IT, banking, pharma, metal, consumer, financial services, and auto stocks. At 2:51 pm, the 30-share Sensex was at 35,389.76, down 494.65 points or 1.38 per cent, and the Nifty50 was at 10,623.60, with a loss of 159.30 points or 1.48 per cent. Forty five out of 50 Nifty stocks were in the red. Trading between 3.75-5.72 per cent lower, the top five Nif...