Sensex Holds at Almost 600 pts in Early Exchange; Nifty Under 15,600

The stock benchmark Sensex plunged nearly 600 points in early trading on Monday, tracking the declines of index heavyweights ICICI Bank, SBI and L&T in the context of a sharp correction in global stock markets. The 30-share BSE index fell 596.78 points, or 1.14%, to 51,747.67 in initial trading. Similarly, the broader NSE Nifty fell 175.35 points, or 1.12%, to 15,508.