India, Oct. 9 -- Benchmark stock index Sensex tanked 1,045 points while Nifty slid to a 21-month low on Thursday following heavy selling in rate-sensitive, commodities and FMCG shares amid a sharp spike in crude oil prices and growing prospect of tighter domestic and global monetary conditions.

Falling for the second day running, the 30-share BSE Sensex tumbled 1,045.46 points, or 1.44 per cent, to settle at a more than two-and-a-half-year low of 71,593.24. During the day, it slumped 1,310.95 points, or 1.80 per cent, to 71,327.75. The BSE barometer had previously closed near this level on February 13, 2024.

The 50-share NSE Nifty dropped 371.25 points, or 1.64 per cent, to end at a 21-month low of 22,231.80. During the day, it 423.15 p...