Developed By: iNFOTYKE
Mumbai: Indian equity benchmarks slipped on Monday due to panic sell-offs by investors who were caught off guard by soaring crude prices after drone attacks on Saudi Arabia’s oil facilities.
Marking its worst fall in over two weeks, the BSE gauge Sensex settled 262 points, or 0.70 per cent, lower at 37,123.31.
The 30-share index plunged about 356 points in intra-day trade. Likewise, the broader NSE Nifty closed 79.80 points, or 0.72 per cent, down at 10,996.
The Indian rupee, too, came under a tremendous selling pressure, nosediving 67 paise to close at 71.60 against the US Dollar. (PTI)