The Economic Times

Sensex, Nifty crash as crude nears $120: Any sector to hide in as Middle East war intensifies?

The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.