Sensex plunge by 90 points in early trade

The 30-share sensitive index falls by about 90 points in the first five minutes of trading on Monday.

The Bombay Stock Exchange benchmark, Sensex, fell by about 90 points in early trade on Monday on selling by foreign as well as domestic funds in select index-related stocks.

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The 30-share sensitive index, which had lost about 12 points on Friday, fell by 89.82 points at 11,375.90 points in the first five minutes of trading.

Similarly, the National Stock Exchange index Nifty shed 23.85 points at 3,332.90.

The major losers were ONGC, Reliance Industries, HDFC Bank, ITC Ltd, Maruti, Bajaj Auto, TCS, Grasim Industries, Satyam Computer, Infosys Technologies, Hero Honda, Wipro and State Bank of India.