BSE Sensex fall 5 pct in afternoon trade

The BSE Sensex fell more than 5 percent on Monday afternoon, tracking weaker Asian markets, with Reliance Industries and ICICI Bank leading the losses.

At 12:07 p.m., the 30-share index was down 4.95 percent, or 908.5 points. It fell as much as 5 percent to 17,443.29.

The broader 50-share NSE index was down 5.69 percent at 5,077.30.