Sensex plunges 778 points over escalating tensions between Russia and Ukraine

Maruti was the biggest loser in the Sensex package, down 6%, followed by Dr. Reddy’s, Asian Paints, ICICI Bank, HDFC and HDFC Bank

Maruti was the biggest loser in the Sensex package, down 6%, followed by Dr. Reddy’s, Asian Paints, ICICI Bank, HDFC and HDFC Bank

The BSE benchmark Sensex plunged 778 points to close below the 55,500 level on Wednesday after a broad sell-off in global markets as the Russia-Ukraine crisis escalated.

The 30-stock BSE Index ended 778.38 points, or 1.38% lower, at 55,468.90. Similarly, the NSE Nifty fell 187.95 points, or 1.12%, to 16,605.95.

Maruti was the biggest loser in the Sensex package, down 6%, followed by Dr. Reddy’s, Asian Paints, ICICI Bank, HDFC and HDFC Bank.

On the other hand, Tata Steel, Titan, Reliance and Nestle India were among the winners.

Elsewhere in Asia, the Hong Kong, Tokyo and Shanghai stock exchanges ended lower, while Seoul ended in the green.

Stock exchanges in Europe traded mixed in afternoon trade.

Brent crude futures rose 5.09% to $110.31 a barrel amid the Ukraine crisis.

Overseas institutional investors continued their selling spree, selling ₹3,948.47 crore of shares in the Indian capital market on Monday, stock market data showed.

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