Sensex tumbles over 1,200 points as Omicron threat spooks investors

Benchmark stock market indices opened sharply lower on Monday due to rising concerns over the rapid surge of Omicron Covid-19 cases around the world. Investors around the world are nervous that the surge will trigger a fresh wave of global infections, leading to fresh restrictions that could hurt economic recovery. The…

Sensex, Nifty see biggest drop in 7 months; new Covid variant spooks investors

s The blue-chip NSE Nifty 50 index ended down 2.91% at 17,026.45 and the benchmark S&P BSE Sensex closed 2.87% lower at 57,107.15, both marking their biggest daily drops since April 12. The losses also pushed the Nifty 50 to its worst weekly performance since late January, with both the main indexes…