Sensex and Nifty fell sharply upto 2 percent in early trade on Monday as rising Middle East tensions pushed crude oil higher and global equity markets suffered massive losses

Indian stock markets plunged over 3 per cent as rising crude oil prices, weak global cues, and Fed signals triggered a massive sell-off. Sensex fell over 2,400 points while Nifty dropped sharply, with banking stocks and HDFC Bank leading the decline