Sensex plunges over 550 points; Nifty below 11,300

Equity indices crashed in a seesaw trade on Tuesday with the benchmark BSE sensex down over 550 points amid poor show by the banking heavyweights. Sensex dived 563 points or 1.45 per cent to 38,105 in the late afternoon deals; while the broader NSE Nifty moved 177 points or 1.55 per cent lower to 11,297.

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