Sensex Crashes Over 1,100 Points, Nifty Below 14, Dragged By Banks
The Indian equity benchmarks crashed on Monday as rising Covid-19 cases continue to hamper investors' sentiment. The Sensex fell as much as 1,068 points to hit an intraday low of 48,463 and Nifty 50 index dropped below its important psychological level of 14,550.
As of 9:21 am the Sensex dropped 919 points to 48,672 and Nifty 50 index tumbled 282 points or 1.9 per cent to 14,553.
Banking shares were among the worst performers in session today.