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    Sensex plunges 540 pts, Nifty settles below 11,800; RIL tanks 4%

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    Equity benchmark Sensex plunged 540 points on Monday, tracking heavy losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid negative cues from global markets. After tanking 737 points during the day, the 30-share BSE index recovered some lost ground to end 540 points or 1.33 per cent lower at 40,145.50. The broader NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.

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