Sensex nosedives over 600 points, Nifty breaks 10,500

Sensex plunging 600 point slower. The Nifty is testing 10,500.

The Sensex is down 600.31 points or 1.68% at 35072.94, and the Nifty down 190.20 points or 1.78% at 10503.50. The market breadth was negative as 267 shares advanced, against a decline of 1396 shares, while 65 shares were unchanged.

The market breadth was negative as 116 shares advanced, against a decline of 465 shares, while 33 shares are unchanged.

Selling was visible across all sectors, with metals, infrastructure, automobiles, banks and pharmaceuticals being the top losers. The Nifty Midcap index is down around 2 percent.

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