Sensex falls 490 points on Delhi exit poll results

Exit poll results pointing to an AAP win in Delhi and muted earnings knocked the S&P BSE Sensex down by as much as 490 points in trade. HDFC, ICICI Bank, L&T, ITC and ITC led the losses. Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological level of 8550, weighed down by losses in capital goods, auto, power, realty and banking stocks.