Stock market recap, March 20 -- Indian equity benchmarks, Sensex and the Nifty 50, slumped more than 3% on Thursday in their worst session since June 2024, dragged down by heavyweight HDFC Bank after the abrupt exit of its chairman and by a surge in crude prices following attacks on West Asian energy facilities.

The Nifty 50 fell 3.26% to 23,002.15 points, while the BSE Sensex also lost as much to settle at 74,207.24.

On the Sensex, Eternal, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, Larsen & Toubro and Bajaj Finserv were among the major laggards. HDFC Bank dropped 5.13% after its chairman, Atanu Chakraborty, resigned, citing ethical concerns.

Brent crude, the global oil benchmark, soared 6.75% to $114.8 per barrel after Iran attac...