Mumbai, May 7 -- Snubbing the rally in the foreign bourses, India's stock market plunged nearly 400 points as the 30-share sensex ended at 73511.85 for the day, down 383.69 points from previous close.

Foreign Institutional Investors (FIIs) continued their selling spree as they sold equities in the cash segment to the tune of Rs 2,169 crore yesterday while the Domestic Institutional Investors (DIIs) bought equities worth Rs 781 crore.

FMCG major Hindustan Unilever was the major gainer on Tuesday as the scrip appreciated by over Rs 123 or 5.46 per cent to close at Rs 2,379.40, while the 2-wheeler auto major Bajaj Auto lost nearly Rs 375 or 4.14 per cent to close at Rs 8,677.90.

The Indian market continues to be volatile since last few sess...