9.21 AM: Sensex falls 400 pts, Nifty breaks 11,700 post Budget; Auto stocks skid

Benchmark indices fell sharply in opening tick in morning after Budget 2019 and amid weak Asian cues. The Sensex fell 250.45 points to 39,262.94 and the Nifty50 plunged 85.60 points to 11,725.60.

Nifty Midcap was down 200 points.

Mindtree, Biocon, Yes Bank, Jain Irrigation, PC Jeweller, Suzlon Energy, Motherson Sumi, Adani Enterprises and Apollo Tyres fell 2-6 percent.

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