India, July 23 -- Benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday, taking the losses to the third consecutive day, following a sharp spike in crude oil prices and selling in bank stocks.

The 30-share BSE Sensex tanked 715.06 points, or 0.92 per cent, to settle at 76,755.05. During the day, it slumped 828.92 points, or 1 per cent, to 76,641.19.

The 50-share NSE Nifty declined 191.45 points, or 0.79 per cent, to end at 23,996.25.

From the Sensex pack, InterGlobe Aviation, Infosys, State Bank of India, UltraTech Cement, ICICI Bank, and Axis Bank were among the major laggards. Hindustan Unilever, NTPC, Power Grid, and Titan were among the winners.

Brent crude, the global oil benchmark, jumped 4.68 per cent to $95...