Sensex tanks 870 pts as Ukraine crisis continues to roil global mkts
Mumbai Feb 28 PTI Equity benchmark Sensex crashed about 870 points to slip below the 55000-level in opening deals on Monday in line with weakening global sentiments amid the worsening Russia-Ukraine crisisThe 30-share BSE Sensex was trading 86933 points or 156 per cent lower at 5498919 in early trade and the NSE Nifty plunged 23380 points or 140 per cent to 1642460Barring PowerGrid Tata Steel and Sun Pharma all Sensex shares were trading in the redSnapping its seven-day losing streak on Friday the 30-share BSE Sensex had climbed 132861 points or 244 per cent to settle at 5585852 Similarly the broader NSE Nifty had soared 41045 points or 253 per cent to 1665840On a weekly basis the Sensex had lost 1974 points or 341 per cent and the Nifty gave up 618 points or 357 per centMeanwhile in a dramatic escalation of tensions in eastern Europe Russian President Vladimir Putin ordered his nuclear forces to be on high alert in response to what he called aggressive statements by leading NATO powers over the Ukraine conflictSpooked by the Ukraine crisis foreign institutional investors further offloaded shares worth Rs 447070 crore in the Indian capital markets on Friday exchange data showedAsian shares were trading mostly lower in afternoon trade on Monday tracking the worsening geopolitical crisis in eastern EuropeOil prices which have been rising since the Russian invasion on Ukraine shot up again on Monday on worries about supply disruptions Brent crude futures were up over 5 per cent at USD 9961 a barrel PTI BAL BAL
Mumbai Feb 28 PTI Equity benchmark Sensex crashed about 870 points to slip below the 55000-level in opening deals on Monday in line with weakening global sentiments amid the worsening Russia-Ukraine crisisThe 30-share BSE Sensex was trading 86933 points or 156 per cent lower at 5498919 in early trade and the NSE Nifty plunged 23380 points or 140 per cent to 1642460Barring PowerGrid Tata Steel and Sun Pharma all Sensex shares were trading in the redSnapping its seven-day losing streak on Friday the 30-share BSE Sensex had climbed 132861 points or 244 per cent to settle at 5585852 Similarly the broader NSE Nifty had soared 41045 points or 253 per cent to 1665840On a weekly basis the Sensex had lost 1974 points or 341 per cent and the Nifty gave up 618 points or 357 per centMeanwhile in a dramatic escalation of tensions in eastern Europe Russian President Vladimir Putin ordered his nuclear forces to be on high alert in response to what he called aggressive statements by leading NATO powers over the Ukraine conflictSpooked by the Ukraine crisis foreign institutional investors further offloaded shares worth Rs 447070 crore in the Indian capital markets on Friday exchange data showedAsian shares were trading mostly lower in afternoon trade on Monday tracking the worsening geopolitical crisis in eastern EuropeOil prices which have been rising since the Russian invasion on Ukraine shot up again on Monday on worries about supply disruptions Brent crude futures were up over 5 per cent at USD 9961 a barrel PTI BAL BAL
