The Indian equity benchmarks crashed on Monday with the 30-share Sensex falling over 1,800 points or 3.2 per cent and Nifty 50 index breaking below its important psychological level of 16,450 as spread of Omicron variant of Coronavirus rattled investors’ sentiment.
Back home, selling pressure was visible across the sectors as all the 15 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal Index’s over 3 per cent decline.
Forty eight shares in the Nifty 50 basket were trading lower led by Bajaj Finance’s 4 per cent fall.