The Indian stock market ended sharply lower on Monday, with the Sensex and Nifty falling up to 1.6% each as the escalating Iran-US conflict pushed oil prices and bond yields higher, spooking investors.
The Sensex plunged 1,124 points to end below 72,800, while the Nifty 50 dropped more than 360 points to end the session near 22,800. The 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.
