‘Not A Bluff’, Will Use All Means To Protect People, Putin Warns West
Sensex and Nifty50 extend losses amid market-wide sell-off
Indian equity benchmarks fell close to one percent amid selling pressure across most sectors, as nervousness set in among investors globally after Russian President Vladimir Putin said the West is seeking to weaken and destroy Russia, which will take necessary steps to defend its sovereignty. Putin also said Russia will begin partial military mobilisation events on Wednesday.
The Sensex fell as much as 444.3 points to 59,275.4 and the Nifty50 slid to as low as 17,663.6, down 152.7 points from its previous close. Equities in other Asian markets remained under pressure, with MSCI’s broadest index of Asia Pacific shares outside Japan tumbling 1.2 percent. European and US futures were down about 0.3 percent each.