Sensex Crashes Over 1,200 Points, Nifty Trades At 17,200 On Global Cues

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New Delhi: The key Indian equity benchmarks on Monday started trading on a lower note, mostly due to global cues.

The BSE Sensex slumped over 200 points in opening trade on Monday, tracking losses in index majors Wipro, Bajaj Finserv, and Infosys amid a largely negative trend in global markets. Besides, unabated foreign fund outflows also put pressure on domestic equities, traders said.

As of 12:40 pm, the 30-share BSE Sensex pack was down 1,238 points at 57,798 and the broader NSE Nifty slumped 380 points to 17,236.

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