Russia-Ukraine war: Sensex crashes over 1800 points, Nifty down at

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    NSE Nifty 50 index was down 3.24 per cent or 552.95 points at 16,510.30 and the S&P BSE Sensex was 3.28 per cent or 1,874.56 points lower at 55,357.50.

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    The share market plunged more than three per cent in early morning trade on Thursday, as investors fled risk assets after Russian President Vladimir Putin declared war against Ukraine.

    The blue-chip NSE Nifty 50 index was down 3.24 per cent or 552.95 points at 16,510.30 and the S&P BSE Sensex was 3.28 per cent or 1,874.56 points lower at 55,357.50. Both indexes opened more than 3 per cent lower and were headed for their longest losing run since March 2020, down for a seventh straight session.

    Explosions rocked the breakaway eastern Ukrainian city of Donetsk after Russian President Vladimir Putin authorised a military operation on Thursday in what could be the start of war in Europe over Russia’s demands for an end to NATO’s eastward expansion, according to a Reuters report.

    In Mumbai, the Nifty Realty index .NIFTYREAL and the Nifty public sector bank index .NIFTYPSU were the top losers, shedding more than 3 per cent each.

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