New Delhi, March 30 -- The Indian equity markets experienced a significant downturn on Monday, as BSE Sensex settled at 71,947.55 points, marking a drop of 1,635.67 points or 2.22 per cent. Simultaneously, the NSE Nifty 50 finished the session at 22,331.40 points, declining by 488.20 points or 2.14 per cent.

At the same time, the Rupee traded near the 95 mark against the US dollar. This sharp decline reflected a broader risk-off sentiment across domestic exchanges as investors grappled with intensifying geopolitical tensions and rising energy costs.

Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services Ltd, noted that the day represented "Another day of Carnage witnessed on D-Street." He stated that ...