Sensex closes at 50,405.32 with drop of 440.76, Nifty at 14,938.10

(G.N.S) Dt. 5 Mumbai The benchmark BSE sensex dropped to 440.76 points or 0.87 per cent to close at 50,405.32; while the broader NSE Nifty moved 142.65 points or 0.95 per cent lower to settle at 14,938. Major laggards in the BSE pack included IndusInd Bank, SBI, Dr Reddy’s, NTPC,