Market Live Update: Sensex tumbles over 1,000... ... Stock Market Live Updates: Nifty may start below 16,900; Shriram Properties shares to list today

Market Live Update: Sensex tumbles over 1,000 points, Nifty near 16,650

Both benchmark indices plunged as much as 1.9 percent. The 30-scrip index tanked as much as 1,071 points to 55,940.8 and the Nifty50 descended to as low as 16,658.2, down 327 points from its previous close.