Sensex, Nifty fall for fifth straight session on weak global trends, oil prices

The 30-share BSE Sensex opened on a weak note and further tumbled 432.36 points

Sensex tumbles 1,214 points; banking, auto stocks worst hit

The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing Russia-Ukraine conflict

Besides, surging international crude prices and unabated foreign capital outflows weighed on investor sentiment

The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals

The market ended up as the worst performer in the Asian pack, as selling intensified on the equity derivatives expiry day on Thursday

The domestic economic indicators continue to show recovery from the pandemic

The index finally closed at 17,945.95 up 50.75 points or 0.28 per cent

The Nifty-50 fell 1.07 per cent or 188.25 points to 17396.90

The Nifty-50 closed above 17500 for the first time as it gained 139.45 points or 0.80 per cent to close at 17519.45

The market is expected to remain range-bound and stock/sector specific after such a massive rally, say analysts