Barring PowerGrid, Tata Steel and Sun Pharma, all Sensex stocks were trading in the red.
Barring PowerGrid, Tata Steel and Sun Pharma, all Sensex stocks were trading in the red.
Equity benchmark Sensex fell nearly 870 points below the 55,000 level in opening deals on Monday amid weak global sentiment. Russia-Ukraine Crisis.
The 30-share BSE Sensex was trading 869.33 points or 1.56% lower at 54,989.19 and the NSE Nifty fell 233.80 points or 1.40% at 16,424.60 in early trade.
Barring PowerGrid, Tata Steel and Sun Pharma, all Sensex stocks were trading in the red.
On Friday, the 30-share BSE Sensex closed at 55,858.52, up 1,328.61 points or 2.44%, down seven days. Similarly, the broader NSE Nifty was up 410.45 points or 2.53% at 16,658.40.
On a weekly basis, the Sensex had lost 1,974 points or 3.41% and the Nifty was down 618 points or 3.57%.
Meanwhile, in a dramatic escalation of tensions in Eastern Europe, Russian President Vladimir Putin ordered his nuclear forces to be on high alert in response to what he called an “aggressive statement” led by NATO powers on the Ukraine conflict.
Foreign institutional investors sold further shares worth Rs 4,470.70 crore in the Indian capital market on Friday, according to exchange data.
Asian stocks were trading mostly lower in afternoon trade on Monday on the back of worsening geopolitical crisis in Eastern Europe.
Oil prices rose again on Monday as concerns about supply disruptions rose since the Russian invasion of Ukraine. Brent crude futures were up 5% at $99.61 a barrel.
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