Sensex tanked 500 points to 75,060.61 in early trade, while Nifty 50 slipped 129 points to 23,506.10, breaching the crucial 23,500 support mark.
Brent crude trading near $99.60 a barrel after US-Iran conflict widened and Iran-backed Houthi attacks disrupted Saudi energy infrastructure, spooking markets.
Nifty IT index was the biggest drag as IT majors led the selloff — HCL Tech, Tech Mahindra, Infosys, TCS, and...