Major drop: Sensex down by 709.17 points and Nifty at 16,663.00

(G.N.S) Dt. 15 Mumbai On the second day of the week, market closes with a major drop of red sign, at close BSE Sensex fell 709 points, or 1.26 percent, to 57,777 and the Nifty 50 plunged 208 points, or 1.23 percent, to 16,663. The broader markets also declined. The