Sensex Falls Over 1,400 Points in Early Trade, Nifty Slips Below 17,000

As Tensions between Russia and Ukraine mount, domestic indices were trading lower on Thursday morning, tracking Asian markets, with investors avoiding risks.

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BSE Sensex crashed over 1400 points and gave up 56000, while tanked over 400 pts to trade near 16650. All the 30 S&P BSE Sensex stocks were trading in deep sea of red. UPL, Tata Motors, IndusInd Bank, Tata Steel and ICICI Bank were among major losers on the Nifty, while Nestle is the only gainer with marginal gains.

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