Sensex plunges 746 points as metal, bank stocks fall

Equity indices plunged on Friday with the benchmark BSE sensex falling nearly 750 points, dragged by bank and metal stocks. The 30-share BSE index fell 746 points or 1.50 per cent to close at 48,879; while the broader NSE Nifty settled 218 points or 1.50 per cent lower at 14,372.