The Indian stock market sharply reversed all morning losses to close in the deep red on Tuesday, with benchmark indices Sensex and Nifty tumbling more than 1% each, as surging bond yields, climbing oil prices, and a wave of global uncertainty rattled investor sentiment.
The Sensex plunged nearly 1,433 points from its day's high to close at 74,004, while the Nifty 50 tumbled over 474 points from its day’s high to end the session at 23,119. The reversal marks a nearly 2% intraday drop for the benchmark indices.
