Amid US-Iran tensions, Sensex plunged 407.14 points or 1.03 per cent to close at 39,194; while the broader NSE Nifty moved 108 points or 0.91 per cent lower to settle at 11,724.10
On NSE, except for Nifty PSU Bank, all other sub-indices witnessed losses with Nifty Pharma, Media sliding the most, down as much as 1.46 per cent.
Both domestic as well as global indices fell sharply over worries of US military strike against Iran and global trade conflict.
Domestic market also turned cautious awaiting the outcome of finance minister Nirmala Sitharaman’s first GST Council meet, traders said.
Sensex drops down by 407.14 points to 39194.49, Nifty closes at 11724.10
