Markets bleed at midday: Sensex down 1,053 points, banks lead losses as crude tops $115

Markets remained deep in the red at midday on Monday, March 30, with no signs of recovery as crude oil prices surged past $115–116 per barrel and geopolitical tensions in West Asia continued to escalate.At 12.30 pm, the BSE Sensex was trading at 72,530.32, down 1,052.90 points or 1.43 per cent from its previous close of 73,583.22, while the NSE Nifty 50 was at 22,514.75, lower by 304.85 points or 1.34 per cent from its previous close of 22,819.60.Breadth on the BSE told the full story of the selloff. Of 4,3 ...