Sensex, Nifty slip amid Iran-Israel conflict worries

Equity benchmark indices tanked in early trade on Monday as tensions between Iran and Israel escalated.

Extending its previous day’s decline, the 30-share BSE Sensex tanked 929.74 points to 73,315.16. The NSE Nifty declined 216.9 points to 22,302.50.

At 10:16 am, Sensex was trading 569.46 points dowm at 73,675.44, whereas Nifty was trading 166.60 points lower at 22,352.80

From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.

Nestle and HCL Technologies were the other gainers.

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