BSE Sensex and Nifty50, the Indian equity benchmarks tanked in morning trade on Monday as persistently high crude oil prices and a spike in US bond yields added to investors’ woes. Both indices crashed over 1% amid the intensifying Iran-US conflict.
While Sensex crashed over 1,100 points, Nifty50 went below 22,800. BSE Sensex ended the day at 72,771.72, down 1,124 points or 1.52%. Nifty50 closed at 22,780.25, down 360 points or 1.56%.The selloff also erased nearly Rs 8.92 lakh crore from the combined market capitalisation of BSE-listed companies, taking it down to around Rs 474 lakh crore.
✍️ Vikrant Kharwar
Vikrant Kharwar is the Founder and Editor of News Us Media. He writes about trending news, sports, entertainment, technology, and viral stories. His goal is to make news simple, informative, and easy to understand for readers across the United States and around the world.
