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

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The BSE Sensex Monday crashed over 495 points and the NSE Nifty shed more than 158 points as macroeconomic worries resurfaced following reports that US will end sanctions waiver on Iranian oil imports. The 30-share BSE index settled 495.10 points, or 1.26 per cent, lower at 38,645.18; while the broader NSE Nifty tumbled 158.35 points, or 1.35 per cent, to close at 11,594.45. Reacting to reports on Iran sanctions, global benchmark Brent crude climbed to a multi-month high of USD 73.81 per barrel, a 2.56 per cent rise.




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Watch Sensex dives 495 pts, Nifty below 11,600: 5 key factors With HD Quality.

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    The BSE Sensex Monday crashed over 495 points and the NSE Nifty shed more than 158 points as macroeconomic worries resurfaced following reports that US will end sanctions waiver on Iranian oil imports. The 30-share BSE index settled 495.10 points, or 1.26 per cent, lower at 38,645.18; while the broader NSE Nifty tumbled 158.35 points, or 1.35 per cent, to close at 11,594.45. Reacting to reports on Iran sanctions, global benchmark Brent crude climbed to a multi-month high of USD 73.81 per barrel, a 2.56 per cent rise.




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