Sensex bleeds over 1,000 points, Nifty falls below 24,700 amid war in Middle East

Benchmark indices Sensex and Nifty opened in the red on Monday. While Sensex crashed over 1,000 points to hit a low of 78,543.73, Nifty fell over 1% to hit 24,659.25. This comes amid the war in Middle East following US-Israeli strikes on Iran and Tehran's response. The conflict has raised concerns about a severe disruption to the crude oil supply.