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Sensex falls 479 points, Nifty slips below 24,000 as crude oil surge rattles markets

Sensex plunged 479 points and Nifty slipped below 24,000 in volatile trade as Brent crude surged nearly 3 oer cent amid reports of fresh US military action in southern Iran. Rising geopolitical tensions and oil price concerns weighed heavily on investor sentiment

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Sensex tanks 479 points, Nifty also slips (Representational image)

Sensex tanks 479 points, Nifty also slips (Representational image)

Amid the rising crude oil prices, market benchmark indices Sensex and Nifty on Tuesday ended lower in a volatile trade following a spike in crude oil prices amid reports of fresh US military operations in southern Iran.

As per PTI, the 30-share BSE Sensex declined 479.26 points, or 0.63 per cent, to settle at 76,009.70. During the day, it tanked 579.28 points, or 0.75 per cent, to 75,909.68. Whereas the 50-share NSE Nifty dropped 118 points, or 0.49 per cent, to end at 23,913.70.

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