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Sensex falls 1,836 points, Nifty slumps 2.6 per cent as Middle East tensions intensify

Indian stock markets ended  lower on Monday, with the Sensex plunging 1,836 points and the Nifty falling 2.6 per cent, as escalating tensions between the US and Iran spooked investors.

The Sensex closed at 72,696.39, down 2.46 per cent or 1,836.57 points, while the Nifty settled at 22,512.65, losing 601.85 points or 2.60 per cent.

Volatility in the markets surged sharply, as the India VIX jumped over 17 per cent to close at 26.73.

Broader markets saw even deeper losses compared to benchmark indices. The Nifty MidCap index declined 3.69 per cent, while the Nifty SmallCap index fell 4.16 per cent.

Among sectors, construction-related stocks were the worst hit, with the Nifty Construction Durable index falling over 5 per cent.

Realty and metal stocks also witnessed sharp declines. However, IT stocks showed relative resilience and recorded the least losses during the session.

-IANS

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