The benchmark indices on Monday declined along with Asian and European peers as investors were worried by the surge in Covid-19 cases and rising inflation. The benchmark Sensex fell 586 points to end the session at 52,553, a decline of 1.10 per cent in the biggest single-day fall since April 30.
The Nifty tumbled 171 points to end the session at 15,752, a drop of 1.07 per cent.
Safe-haven assets, including gold, rose amid risk off sentiment among investors. The US bond yields were trading at their lowest since February 12 at 1.25 per cent. The dollar strengthened against its

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