Stock markets nosedive amid boiling crude oil prices, ongoing Middle East conflict
MUMBAI: (Mar 9) Stock market benchmark indices Sensex and Nifty tumbled nearly 3 per cent in early trade on Monday as boiling crude oil prices and bearish trend in global equities weighed heavily on investors’ sentiment.
Besides, relentless foreign fund outflows also made investors jittery.
The 30-share BSE Sensex crashed 2,345.89 points or 2.97 per cent to 76,573.01 in early trade. The 50-share NSE Nifty tumbled 708.75 points or 2.89 per cent to 23,741.70.
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