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Sensex drops 821 points, Nifty below 24,000 amid global jitters

Sensex tumbled over 800 points while Nifty slipped below 24,000 in early trade amid rising crude oil prices and weak global cues. “Risk appetite is subdued,” said an expert, as FIIs offloaded Rs 2,468 crore, adding pressure on markets

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Representational image. File pic

Representational image. File pic

While the global uncertainties continue to grow, benchmark indices Sensex and Nifty slumped in early trade on Thursday. The sudden surge is also because of a sharp spike in crude oil prices, weak global trends and foreign fund outflows.

During the early hours of Thursday, the 30-share BSE Sensex tumbled 821.79 points to 76,674.57 in early trade. The 50-share NSE Nifty dived 287.3 points to 23,890.35.

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