Sensex tanks over 1500 points amid Ukraine war

March 07, 2022 10:05

Equity benchmarks Sensex and Nifty tumbled nearly 3 per cent in opening trade on Monday tracking weak global markets and elevated oil prices amid the Russia-Ukraine conflict.

Extending its downtrend for the fourth straight session on Monday, the 30-share BSE Sensex opened on a weak note and slumped 1,620.73 points or 2.98 per cent to 52,713.08.

Similarly, the broader NSE Nifty tanked 447.05 points or 2.75 per cent and slipped below the 16,000 level to 15,798.30.

Sensex tanked 1,453.51 points to 52,880.30 in opening trade, while the Nifty plunged over 400 points to 15,831.85.

From the 30-share pack, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro and ICICI Bank were the biggest drag, tumbling up to 6.3 per cent.

In the previous trade, the 30-share BSE benchmark ended at 54,333.81, down by 768.87 points or 1.40 per cent. The NSE Nifty slumped 252.70 points or 1.53 per cent to end at 16,245.35.

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