Share Market highlights: The headline indices Sensex and Nifty extended losses on Monday afternoon after Saudi oil attack. The Sensex closed down 262 points down to 37,123, while the Nifty ended below the crucial 11,000-mark at 3.30 pm. M&M, SBI, Yes Bank emerged among the biggest losers, shedding up to 2.6%. Global oil prices surged the most in 28 years after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the US has blamed on Iran. In an extraordinary start to trading, Brent futures jumped almost $12 a barrel in the seconds after the open on Monday, the biggest intraday advance in dollar terms since they were launched in 1988, Bloomberg reported. We bring to highlights.
[“source=financialexpress”]