Sensex tanks 826 points as US yield hits 5% after 16 years

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Key Points

MUMBAI: Across-the-board selling pulled down the sensex by 826 points on Monday to close at 64,572 as global factors continued to weigh on investor sentiment..

Markets fell sharply in the last hour of the session after the yield on US 10-year treasury bills briefly topped the 5% mark for the first time since 2007...

Investors on Dalal Street, like in most other markets around the world, are keeping a close watch on the developments in West Asia, expecting a de-escalation in the Israel-Hamas war..

At the close of the session, investors were poorer by almost Rs 8 lakh crore with BSE's market capitalisation now at Rs 314 lakh crore, official data showed..

On the positive side, despite the 1.3% slide in the sensex, foreign investors were net buyers in the market, at Rs 252 crore, BSE data showed..

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