New Delhi, April 27 -- The equity benchmark indices, Sensex and Nifty 50, fell over 1% on Friday, April 24, marking their third consecutive day of decline due to a significant surge in crude oil prices and substantial selling in the IT sector, which heavily impacted investor sentiment.

Ongoing foreign fund withdrawals, a negative trend in global markets amid an extended conflict and ongoing disruptions in the Strait of Hormuz further contributed to the pessimism.

Sensex decreased by 999.79 points, or 1.29%, closing at 76,664.21. At one point during the day, it dropped by 1,260.13 points or 1.62%, reaching a low of 76,403.87. Nifty 50 fell by 275.10 points, or 1.14%, to finish at 23,897.95.

The Gift Nifty Live Chart is showing a positiv...