Sensex plunges 495 pts, Nifty below 11,600: 5 key factors



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The BSE Senbad crashed on Monday at more than 495 points and the Nifty NSE lost more than 158 points as macro concerns re-emerged following reports that United will end sanctions on Iranian oil imports. The BSE index composed of 30 shares was 49 64.10 points, or 1.26%, against 495.10 points; while the NSE Nifty broadly fell by 158.35 points, or 1.35%, to close at 11,594.45. In response to information on sanctions imposed on Iran, Brent crude, a global benchmark, hit a high of several months at 73.81 USD per barrel, an increase of 2.56%.

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