India's benchmark Sensex nosedived 1,000 points in early trade on Friday as bank stocks ICICI and HDFC including Reliance Industries showed negative trend. The Sensex fell further falling over 1,700 points as IndusInd Bank, Axis Bank, and Bajaj Finance dragged down the markets.

India's Sensex dives over 1,700 points on global cues

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India's Sensex dives over 1,700 points on global cues