Stock markets slump in early trade tracking sharp fall in global equities, spike in oil prices
Mumbai, Jun 8 (PTI) Stock market benchmark indices Sensex and Nifty tumbled in early trade on Monday, tracking a sharp decline in global equities and a fresh spike in crude oil prices, amid simmering tensions in West Asia. The 30-share BSE Sensex tumbled 724.95 points to 73,518.39 in early deals. The 50-share NSE Nifty dropped 222.45 points to 23,138.60. From the 30-Sensex firms, Mahindra & Mahindra, Tata Consultancy Services, InterGlobe Aviation, Trent, Bajaj Finance and Eternal were among the biggest laggards. Power Grid, Sun Pharma, State Bank of India and Axis Bank were the winners. Brent crude, the global oil