Mumbai/IBNS, March 30 -- The Indian stock market crashed on Monday, with the BSE Sensex nosediving over 1,000 points and the NSE Nifty 50 slipping below the 22,500 mark, media reports said.
International benchmark Brent Crude surged over 3% to hit an intraday high of $116.70 per barrel, marking a 52-week high.
Broad-based selling pressure was visible across sectors, with most indices trading in the red. However, metals, media, and oil & gas stocks showed resilience and posted gains despite the broader market downturn.
On the Multi Commodity Exchange (MCX), copper contracts for May delivery rose by Rs. 4.10, or 0.35%, to Rs. 1,171.80 per kilogram, with a business turnover of 177 lots, according to reports.
Sensex crash, Nifty below 225...
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