LIVE market updates: The Indian benchmark indices tumbled over 3 per cent in Monday’s midday session, with financials, auto, and metallic shares being the foremost drags, after European markets opened with sharp cuts amid tighter United Kingdom (UK) curbs and Brexit deadlock.
The S&P BSE Sensex fell 1,400 factors, or 3 per cent, to 45,640 and the Nifty50 index was hovering round 13,300. ONGC, Mahindra & Mahindra, IndusInd Financial institution, and State Financial institution of India (all down between 3% and 5%) had been the highest Sensex laggards.
In the meantime, aviation shares had been below strain in intra-day offers over the UK border closure, with SpiceJet and InterGlobe Aviation falling 5 per cent and three per cent, respectively.
Majority of the Nifty sectoral indices had been buying and selling within the purple, led by Nifty PSU Financial institution index, down 2 per cent..