Mkts Tumble 1% on Rising Geopolitical Tensions

Weak global markets and a spike in crude prices after Israel's attack on Iran weighed on investor sentiment

- Press Trust of India

MUMBAI: Equity benchmark indices Sensex and Nifty tumbled nearly 1% on Friday as weak global markets and a spike in Brent crude oil prices after Israel attacked Iran's capital weighed on investor sentiment.

Falling for the second day in a row, the 30-share BSE Sensex dived 573.38 points or 0.70% to settle at 81,118.60. During the morning trade, it tanked 1,337.39 points or 1.63% to 80,354.59.

As many as 2,469 stocks declined while 1,516 advanced and 137 remained unchanged on the BSE.

The 50-share NSE Nifty dropped 169.60 points or 0.68% to 24,718.60.

On a weekly basis, the BSE benchmark tanked 1,070.39 points or 1.30%, and the Nifty declined 284.45 points or 1.13%.