Sensex tanks over 2700 pts in line with global meltdown as Russia invades Ukraine
Mumbai Feb 24 PTI Equity benchmark Sensex crashed over 2700 points on Thursday following a severe sell-off in global markets after Russia launched a military offensive against Ukraine The 30-share BSE gauge plunged about 2850 points during the session before closing at 5452991 registering a massive fall of 270215 points or 472 per cent Likewise the NSE barometer Nifty nosedived 81530 points or 478 per cent to end at 1624795 This was also the seventh straight session of decline for both the indices On the Sensex chart all 30 shares suffered heavy losses with IndusInd Bank MM and Bajaj Finance shedding as much as 8 per cent Russian troops launched wide-ranging military attacks on Ukraine on Thursday after Moscow cast aside international sanctions and warned other countries that any attempt to interfere would lead to consequences you have never seen Globally stocks plunged and oil prices surged by more than USD 5 per barrel amid intensifying Ukraine crisis which experts believe may roil the global economy Market benchmarks in Europe and Asia fell by as much as 4 per cent Brent crude oil jumped above USD 100 per barrel for the first time since 2014 on unease about possible disruption of supplies from Russia Ukraine is under attack from Russian forces The threat of severe sanctions on Moscow is now at its highest level sending equity markets tumbling globally Sentiment is driving market direction which will lead to a large sell-off said Leonardo Pellandini Equity Strategy Julius Baer Continuing their selling spree foreign institutional investors offloaded shares worth Rs 341716 crore in the Indian capital markets on Wednesday exchange data showed PTI MKJ MKJ ABM ABM
Mumbai Feb 24 PTI Equity benchmark Sensex crashed over 2700 points on Thursday following a severe sell-off in global markets after Russia launched a military offensive against Ukraine The 30-share BSE gauge plunged about 2850 points during the session before closing at 5452991 registering a massive fall of 270215 points or 472 per cent Likewise the NSE barometer Nifty nosedived 81530 points or 478 per cent to end at 1624795 This was also the seventh straight session of decline for both the indices On the Sensex chart all 30 shares suffered heavy losses with IndusInd Bank MM and Bajaj Finance shedding as much as 8 per cent Russian troops launched wide-ranging military attacks on Ukraine on Thursday after Moscow cast aside international sanctions and warned other countries that any attempt to interfere would lead to consequences you have never seen Globally stocks plunged and oil prices surged by more than USD 5 per barrel amid intensifying Ukraine crisis which experts believe may roil the global economy Market benchmarks in Europe and Asia fell by as much as 4 per cent Brent crude oil jumped above USD 100 per barrel for the first time since 2014 on unease about possible disruption of supplies from Russia Ukraine is under attack from Russian forces The threat of severe sanctions on Moscow is now at its highest level sending equity markets tumbling globally Sentiment is driving market direction which will lead to a large sell-off said Leonardo Pellandini Equity Strategy Julius Baer Continuing their selling spree foreign institutional investors offloaded shares worth Rs 341716 crore in the Indian capital markets on Wednesday exchange data showed PTI MKJ MKJ ABM ABM
