Economy
Sensex Plunges Over 600 Points as Brent Crude Surpasses $100
The Hindu1h
THE BRIEF
1
Indian benchmark indices Sensex and Nifty tumbled in early trade on Thursday, driven by surging Brent crude oil prices exceeding $100 per barrel and rising US bond yields.
2
The 30-share BSE Sensex sank 632.68 points to 74,189.55, while the Nifty dropped 216.15 points to 23,222.55, with major selling witnessed in bank and NBFC stocks.
3
Amid the broader market downturn, the National Stock Exchange made its market debut on Thursday following its ₹22,569 crore IPO that was subscribed 5.71 times.