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 saw a sharp fall in early trading on Monday as global markets weakened and crude oil prices surged due to rising tensions in the Middle East. Both benchmark indices, Sensex and Nifty, dropped close to 3 per cent, while all sectoral indices traded in the red