Sensex plunges 427 points, Nifty settles at 17617

The Sensex and the Nifty today fell more than 0.7 percent. Both stocks declined amid negative cues from the global equity markets.

The Sensex and the Nifty today fell more than 0.7 percent. Both stocks declined amid negative cues from the global equity markets.

The Sensex finished near the 59,000 mark while the Nifty ended near 17,600 level.

The BSE Sensex plunged 427 points, or 0.72 percent to close at 59,037. The NSE Nifty also lost 140 points, or 0.79 percent, to settle at 17,617.

In the forex market, the rupee appreciated eight paise to close at 74 rupees and 43 paise against the US dollar.

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