Sensex crashes 714 points, Nifty settles below 10,500
Indian equity benchmark Sensex on Monday crashed 714 points to close at 34,959.72, following sell-off in global markets and amid uncertainty over the outcome of state assembly elections, due on Tuesday. The broader Nifty 50 index ended 205 points lower, settling at 10,488.45. Crude oil prices jumped in the global markets as OPEC decided a cut in production from January.