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Sensex plunges nearly 540 points, Nifty tanks over 115 points amid global uncertainties

Extending their losses, the 30-share BSE Sensex declined 539.35 points, or 0.70 per cent, to settle at 76,933.59, while the 50-share NSE Nifty declined 116.90 points, or 0.48 per cent, to end at 24,090.85

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Representational Image. File pic.

Representational Image. File pic.

The domestic equity benchmark indices slumped on Thursday, as selling in HDFC Bank shares due to a federal lawsuit in New York and lingering geopolitical tensions dampened investor sentiment.  

How did the market move?

"Indian benchmark indices closed near their day's lows as rising crude oil prices in the second half of the session and continued geopolitical concerns weighed on investor sentiment. The market also witnessed elevated intraday volatility due to the monthly Sensex expiry, which kept price action choppy throughout the day and capped any meaningful recovery," Bajaj Broking Research said.

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