Sharp fall in market, Sensex plunges over 1,500 points

Mumbai (IANS) The Indian stock market witnessed a slump on Monday with the BSE Sensex falling over 1,500 points.

Across-the-board sell-off took place during the afternoon trade session, led by banking, finance and oil and gas stocks.

Fresh Covid-related restrictions in several European countries and likely fallout in Brexit negotiations weakened the investor sentiments.

Around 3 p.m. Sensex was trading at 45,404.63, lower by 1,556.06 points or 3.31 per cent from its previous close of 46,960.69.

It has touched an intra-day low of 44,923.08 points.

The Nifty50 on the National Stock Exchange (NSE) was trading at 13,282.60, lower by 477.95 points or 3.47 per cent from its previous close.

ONGC was the worst performer on the Sensex with over 9 per cent fall, followed by IndusInd Bank and Mahindra & Mahindra.
 

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