Stock markets tumble in early trade on boiling crude oil prices, weak global trends
Mumbai, Mar 19 (PTI) Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday after a three-day rally following a sharp jump in crude oil prices and weak global trends. Moreover, unabated foreign fund outflows also dented market sentiments, analysts said. The 30-share BSE Sensex tanked 1,953.21 points, or 2.54 per cent, to 74,750.92 in opening trade. The 50-share NSE Nifty dropped 580.05 points, or 2.43 per cent, to 23,197.75. From the 30-Sensex firms, HDFC Bank declined over 3 per cent as in a sudden move, Atanu Chakraborty resigned as chairman of the country’s second biggest lender,