Ukraine-Russia tensions send indices in tailspin; Sensex cracks 1,747 pts

The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021

CLOSING BELL

Indian stock market witnessed its worst one-day sell-off of calendar year 2022 on Monday as simmering tensions between Ukraine and Russia crushed equities. Commodity market, meanwhile, jumped today with crude oil, gold, and silver futures rallying up to 2 per cent. 

The benchmark S&P BSE Sensex tanked 1,857 points intra-day, before settling at 56,406, down 1,747 points or 3 per cent. The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. The index hit an intra-day low of 16,810. This was the indices biggest intra-day