Sensex down over 400 points; Nifty below 10,450

A sharp sell-off in the past few minutes has moved the market to low points. The Sensex has fallen over 400 points and  Nifty is below 10,450.

The Sensex is down 400.40 points (1.14% at 34762.08), while  Nifty is lower by 1.31% at 10446.50. The market breadth is negative as 629 shares advanced, against a decline of 1,872 shares, while 1,025 shares are remaining unchanged.

Infosys, ITC, and HCL Tech are the top gainers, while Yes Bank and Indiabulls Housing have lost the most according to data. Financials are weighing high on the market.Bank Nifty is lower by 2 percent, while the Nifty PSU bank index is down by 4 percent.