Sensex tanks 450 pts, Nifty tumbles below 16,900; RBL Bank slumps over 10%

Equity benchmark Sensex tanked over 400 points in early trade on Monday, tracking losses in index majors Reliance Industries, Infosys and HDFC Bank as concerns over Omicron-induced restrictions had an adverse impact on investor sentiment. The 30-share index plunged 444.83 points or 0.78 per cent to 56,679.48 in the opening trade. Similarly, the Nifty tumbled 128.40 points or 0.76 per cent to 16,875.35.