At 9.25am, Sensex fell 1.5% or 531.61 points to 34,535.14, while 50-share Nifty index fell 1.45% or 156.30 points to 10,604.30. Mumbai: The benchmark Sensex index plunged over 500 points on Monday tracking losses in global equities and as investor sentiment continued to be subdued post the introduction of long-term capital gains (LTCG) tax in the Union budget. At 9.25am, Sensex fell 1.5% or 531.61 points to 34,535.14, while 50-share Nifty index fell 1.45% or 156.30 points to 10,604.30. “Many of the retail investors in the market have been first-time investors in the last two years. On the domestic front, the Reserve Bank of India’s (RBI) interest rate decision on 7 February will also be closely watched.

Source: Mint February 05, 2018 05:03 UTC