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Sensex ends 714 pts down, Nifty below 10,500; Kotak Mahindra Bank shares plunge 7%

Sensex and Nifty extended losses on Monday afternoon,  amid weak global and domestic cues, as a sell- off in US equities, and exit polls weigh on the overall investor sentiment. The 30-share Sensex plunged 713.53 pts to end the session at 34,959.72, while the Nifty 50 closed below the 10,500-level. Kotak Mahindra Bank share price plunged 7%