Market LIVE: Sensex breaches 53K, Nifty tanks 400 pts; Auto, Banks crack

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Live market updates: With trading at $130 a barrel and downbeat global sentiment, the benchmark indices started trade with deep cuts on Monday. The fell 1,400 points to 52,938, while the Nifty50 cracked 385 points to 15,856.


On the Sensex, top laggards were ICIC Bank, Maruti, Bajaj Finance, L&T, and Asian Paints , down up to 5 per cent. 



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