Sensex falls 460 points, Nifty declines 123 points as Saudi attacks fuel oil price concerns
India, Oct. 22 -- Equity benchmark indices Sensex and Nifty declined in intraday trade on Thursday, dragged down by selling in power and metal stocks, a surge in crude oil prices amid escalating tensions in West Asia and caution ahead of the US Federal Reserve's upcoming policy decision.
The 30-share BSE Sensex fell 460.30 points to settle at 73,249.39. The NSE Nifty 50 dropped 123.70 points to close at 22,687.65.
Earlier in the session, Sensex fell 523.54 points, or 0.71%, to 73,186.15, while the NSE Nifty 50 declined 181.50 points, or 0.80%, to 22,629.85 around 2 pm. In the morning trade, the Sensex had plunged 678.90 points, or 0.92%, to 73,030.79, while the Nifty dropped 250.90 points, or 1.10%, to 22,568.10.
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