Sensex Drops Sharply on Geopolitical Tensions, Oil Surge

Indian Markets Plunge Amid Global Economic Fears

Mumbai – Indian stock markets experienced a sharp downturn in early trading Monday, mirroring anxieties in global markets.

• The BSE Sensex plummeted 2,345.89 points to 76,573.01.
• The NSE Nifty 50 declined 708.75 points to 23,741.70.
• Crude oil prices surged, with Brent Crude jumping 23.63% to $114.59 per barrel.

InterGlobe Aviation shares led the decline, falling nearly 8%. Other major companies like Tata Steel, Maruti Suzuki and SBI also posted significant losses. Asian markets were broadly affected, with South Korea’s KOSPI and Japan’s Nikkei 225 experiencing substantial drops. The downturn is attributed to rising oil prices and weak international economic signals.

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