Stock Markets end sharply lower as crude oil shoots to $105

New Delhi, Sept. 24 -- Indian Stock Markets on Thursday ended sharply lower amid weak global cues as the US benchmark Treasury yield climbed to its highest level since 2007. Further, crude oil prices also surged to $105 a barrel adding woes to the markets.

At close, the Sensex was down 1,247.71 points or 1.67 percent at 73,580.54, and the Nifty was down 383.70 points or 1.64 percent at 23,063.10. Nifty midcap index fell 2 percent and smallcap index declined 1.5 percent.

Among the sectors, all the indices ended in the red. Nifty Private Bank fell 2.2%, Nifty Metal 1.9%, Nifty Bank 1.7%, Nifty Infra 1.5%, Nifty Auto declined 1.5% and Nifty Oil & Gas shed 1.3%. Nifty PSU Bank declined 1.3%. Nifty Energy lost 1.2%, and Nifty FMCG fell 1%.

On...