Sensex slides 427 pts; Nifty ends below 24,350; M&M drops 6.62%

As per provisional closing data, the barometer index, the S&P BSE Sensex, was down 426.87 points or 0.53% to 79,924.77. The Nifty 50 index declined 108.75 points or 0.45% to 24,324.45.