Sensex, Nifty plunge as oil prices surge after drone attack hits
Benchmark Brent crude futures rose by as much as 19.5% to $71.95 per barrel, the biggest intra-day jump since Jan. 14, 1991. The front-month contract was at $66.20 per barrel, up $5.98, or 9.9%, from their previous close, at by 0343 GMT.
Sensex and Niftyy plunged on Monday as oil prices surged after attacks on key oil producer Saudi Arabia`s crude facilities over the weekend, Photo: Reuters