Sensex plummets over 1,400 pts in morning trade; financial stocks tank

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Equity benchmark Sensex tumbled over 1,400 points in the morning session on Monday, dragged by massive losses in financial stocks amid concerns over spiking COVID-19 cases in the country. After touching a low of 48,580.80, the 30-share BSE index was trading 1,254.49 points or 2.51 percent lower at 48,775.34, and the broader NSE Nifty sank 349.40 points or 2.35 percent to 14,517.95.

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Equity benchmark Sensex tumbled over 1,400 points in the morning session on Monday, dragged by massive losses in financial stocks amid concerns over spiking COVID-19 cases in the country. After touching a low of 48,580.80, the 30-share BSE index was trading 1,254.49 points or 2.51 percent lower at 48,775.34, and the broader NSE Nifty sank 349.40 points or 2.35 percent to 14,517.95.

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