Sensex dives 435 pts; Nifty settles below 15,000

Equity indices fell for the fourth straight session on Friday with the benchmark BSE sensex falling over 400 points dragged by banking and auto stocks, amid negative cues from global markets. The 30-share BSE index slipped 435 points or 0.85 per cent to close at 50,890; while the broader NSE Nifty setlled 137 points or 0.91 per cent lower at 14,982.