The Indian stock market slipped into the deep red on Monday, with the Sensex and Nifty falling up to 1.6% each as soaring oil prices and bond yields, amid the escalating Iran-US conflict, spooked investors.
The Sensex plunged over 1,124 points to close below 72,772, while the Nifty 50 dropped more than 360 points to end the session near 22,780. The sharp sell-off wiped out nearly Rs 8 lakh crore from the total market capitalisation of BSE-listed companies, bringing it down to around Rs 474 lakh crore
