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Markets extend losses for 2nd day on soaring crude prices, West Asia turmoil; Sensex tanks 800 pts

Similarly, the 50-share NSE Nifty fell 227.70 points, or 0.95 per cent, to close at 23,639.15.

PTI

MUMBAI: Benchmark equity indices ended with deep cuts on Thursday, with the Sensex tumbling over 800 points amid a sharp rise in crude oil prices due to the heightening crisis in West Asia.

Besides, sluggish global market trends, weakness in the rupee and persistent foreign capital outflows also rattled investors' sentiment, analysts said.

The 30-share BSE Sensex tanked 829.29 points, or 1.08 per cent, to settle at 76,034.42. During the day, it plunged 992.53 points or 1.29 per cent to 75,871.18.

Similarly, the 50-share NSE Nifty fell 227.70 points, or 0.95 per cent, to close at 23,639.15.

Mahindra & Mahindra was the biggest loser among the Sensex constituents, dropping 4.23 per cent, followed by Maruti, Bajaj Finance, Larsen & Toubro, UltraTech Cement and Trent.

In contrast, NTPC, Power Grid, Tech Mahindra, HCL Tech and Reliance Industries were the winners.

Brent crude, the global oil benchmark, jumped 4.78 per cent to USD 96.47 per barrel.

Mahindra & Mahindra was the biggest loser among the Sensex constituents, dropping 4.23 per cent, followed by Maruti, Bajaj Finance, Larsen & Toubro, UltraTech Cement and Trent.

In contrast, NTPC, Power Grid, Tech Mahindra, HCL Tech and Reliance Industries were the winners.

Brent crude, the global oil benchmark, jumped 4.78 per cent to USD 96.47 per barrel.

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