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Sensex Crashes Over 1,100 Points, Nifty Below 14,500 Dragged By Banks

The Indian equity benchmarks crashed on Monday as rising Covid-19 cases continue to weigh on investors' sentiment. The Sensex dropped as much as 1,479 points or 2.98 per cent to hit an intraday low of 48,112.17 and Nifty 50 index tumbled below its important psychological level of 14,400 at the day's lowest level. All but two shares in the Nifty 50 basket were trading with a negative bias.

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