Market LIVE updates: Sensex tanks 700pts, Nifty below 16,500; Banks hit

Dwell industry updates: Tracking weak spot in asian and world wide friends, the domestic benchmark indices began trade lower on Monday amid the Russia-Ukraine conflict uncertainty. The BSE Sensex fell 688 factors to 55,170, although the NSE Nifty was at 16,481, decrease by 177bpoints.

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Among the Sensex-30 shares, Tata Metal and PowerGrid were being the only gainers. Bharti Airtel, HDFC Financial institution, Dr Reddy’s, Bajaj Finserv, Asian Paints and SBI, in the meantime, were the major losers. 

In the broader marketplaces, the BSE MidCap and SmallCap indices had been also in the unfavorable territory, down 1 for every cent just about every.