Sensex, Nifty continue to trade with deep cuts as West Asia crisis intensifies

,MUMBAI: (Mar 2) Stock market benchmark indices Sensex and Nifty continued to trade with deep cuts during afternoon session on Monday tracking a sharp spike in crude oil prices amid escalating tensions in West Asia.

The 30-share BSE Sensex tanked 2,743.46 points or 3.37 per cent to 78,543.73 in early trade. It later traded 1,633.23 points or 2.01 per cent lower at 79,653.96 during afternoon deals.

The 50-share NSE Nifty tumbled 533.55 points or 2.11 per cent to 24,645.10 during initial trading. The benchmark later quoted 505.35 points or 2.01 per cent down at 24,674.75.