Share Market Highlights: Sensex tanks 483 pts, Nifty below 17,700

Dalal Street got off to a weak start this week with benchmark indices closing with losses on Monday.

S&P BSE Sensex shed 482 points or 0.81% to settle at 58,964 while the NSE Nifty 50 index fell 109 points or 0.62% to end at 17,674. ICICI Bank was the top Sensex gainer, up 0.76%, followed by NTPC, and Kotak Mahindra Bank. HCL Technologies was the top laggard, down 2.7%, followed by Larsen & Toubro, and Infosys.

Bank Nifty closed 0.37% lower while India VIX jumped 3% to close above 18 levels. Broader markets closed mixed with midcap indices on NSE registering gains.

Source:FE