Sensex tanks over 400 points in early trade; Nifty slips below 14,800

Equity benchmark Sensex tumbled over 400 points in early trade on Wednesday, dragged by losses in index majors HDFC twins, Infosys and ICICI Bank amid a negative trend in global markets. The 30-share BSE index was trading 440.84 points or 0.88 per cent lower at 49,695.74, and the broader NSE Nifty dropped 116.05 points or 0.78 per cent to 14,729.05.

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