Stock markets slump in early trade tracking sharp fall in global equities, spike in oil prices

MUMBAI: (Jun 8) Stock market benchmark indices Sensex and Nifty tumbled in early trade on Monday, tracking a sharp decline in global equities and a fresh spike in crude oil prices, amid simmering tensions in West Asia.

The 30-share BSE Sensex tumbled 724.95 points to 73,518.39 in early deals. The 50-share NSE Nifty dropped 222.45 points to 23,138.60.

From the 30-Sensex firms, Mahindra & Mahindra, Tata Consultancy Services, InterGlobe Aviation, Trent, Bajaj Finance and Eternal were among the biggest laggards.