SENSEX CRASHES OVER 525 POINTS IN EARLY TRADE , NIFTY FALLS BELOW 22 , 600 AS RISING CRUDE OIL PRICES AND US BOND YIELDS RATTLE INVESTORS

What happened: Indian markets opened sharply lower on Thursday. The BSE Sensex fell over 525 points and the NSE Nifty 50 slipped below 22,600, with rising crude oil prices, elevated US bond yields and profit booking cited as pressures. Key numbers: Sensex down 525.50 points, or 0.71 per cent, to Why it matters: Higher oil prices and US bond yields raised concerns over inflation, corporate earnings and foreign investment flows. Dr V K Vijayakumar of Geojit Investments said investors were shifting toward reasonably valued large-cap stocks from expensive mid-cap and small-cap shares.

Indian markets opened sharply lower on Thursday. The BSE Sensex fell over 525 points and the NSE Nifty 50 slipped below 22,600, with rising crude oil prices, elevated US bond yields and profit booking cited as pressures.

Higher oil prices and US bond yields raised concerns over inflation, corporate earnings and foreign investment flows. Dr V K Vijayakumar of Geojit Investments said investors were shifting toward reasonably valued large-cap stocks from expensive mid-cap and small-cap shares.