1 min readMar 9, 2026 10:16 AM ISTMarket sentiments further weighed down by a sharp spike in global oil prices. (file)Stock market benchmark indices tumbled in early trade on Monday, with the BSE Sensex and NSE Nifty 50 falling nearly 3 per cent as surging crude oil prices and weak global cues dampened investor sentiment.The 30 share Sensex dropped 2,345.89 points to 76,573.01, while the 50-share Nifty slipped 708.75 points to 23,741.70 during the opening session.Shares of InterGlobe Aviation declined nearly 8 per cent, while other major laggards included Tata Steel, Maruti Suzuki, State Bank of India, Asian Paints and ICICI Bank.Market sentiments further weighed down by a sharp spike in global oil prices, with Brent Crude surging 23.63 per cent to USD 114.59 per barrel.South Korea’s KOSPI plunged more than 7 per cent, while Japan’s Nikkei 225 fell 6.5 per cent. China’s SSE Composite Index and Hong Kong’s Hang Seng Index were also trading in the red. © IE Online Media Services Pvt LtdAdvertisementLoading Recommendations...Live BlogDubai, UAE, Abu Dhabi News LIVE Updates: UAE air defences intercept Iranian missiles, drones4 minutes agoUS-Israel vs Iran War News LIVE Updates: Trump says decision to end Iran war will be ‘mutual’ with Netanyahu as Mojtaba Khamenei becomes new supreme leader12 minutes agoICAI CA Foundation, Inter Result January 2026 Live Updates: Results out; Logapriya PP secures AIR 1 in foundation exam17 hours agoDhurandhar 2 Advance Booking: Ranveer Singh film sells 1.2 lakh tickets, earns over Rs 13 crore17 hours agoDubai News Live Updates: Iranian attack targets facility near Bahrain’s Salman Port; civil defence works to control fire18 hours ago