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Stock markets suffer major meltdown as West Asia crisis intensifies; Sensex, Nifty tumble over...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo MUMBAI, Mar 2: Stock market benchmark indices Sensex and Nifty nosedived over 1 per cent on Monday as investors’ sentiment were hit hard following a sharp spike in crude oil prices amid escalating tensions in West Asia. Weak trends in global markets and heavy foreign fund outflows also dented sentiments. The 30-share BSE Sensex tanked 2,743.46 points or 3.37 per cent to 78,543.73 in early trade.

Stock markets suffer major meltdown as West Asia crisis intensifies; Sensex, Nifty tumble over...

Credit: Dailyexcelsior

Key Highlights

  • It later ended at 80,238.85, down 1,048.34 points or 1.29 per cent.
  • The 50-share NSE Nifty tumbled 575.15 points or 2.28 per cent to 24,603.50 in intra-day trade.
  • The benchmark later settled 312.95 points or 1.24 per cent down at 24,865.70.
  • From the Sensex pack, InterGlobe Aviation, Larsen & Toubro, Adani Ports, Maruti, Asian Paints, and Bajaj Finserv were among the biggest laggards.
  • Bharat Electronics, Sun Pharma and ITC were the only gainers.
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Sources

  1. Stock markets suffer major meltdown as West Asia crisis intensifies; Sensex, Nifty tumble over...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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