Sensex crashes as Russia declares war against Ukraine
Russia-Ukraine War: With Russian President Vladimir Putin announcing a special "military operation" in eastern Ukraine, equity indices opened in red on Thursday with the Sensex down by 1432.50 points and Nifty down by 410.70 points. The 30-scrip BSE Sensex was down by 1432.50 points or 2.50 percent at 55,799.56 at 9.15 am. Similarly, 50-scrip NSE Nifty was trading at 16652.60 at 9.15 am, down by 410.70 points or 2.41 percent. Also Read | Russia-Ukraine situation in danger of spiralling into a major crisis, says India at UNSC On the Sensex, the sectors trading on a positive bias were consumer durables and consumer discretionary goods and services among others. Earlier in the day, Russian President Vladimir Putin announced a special "military operation" to protect Donbas, the separatist-held region in eastern Ukraine. Delivering an emergency address, Putin said the operation has been launched to demilitarize the country. Announcing a special "military operation" in the Donbas region, Russian President Vladimir Putin warned other countries that any attempt to interfere with the Russian action would lead to "consequences".
Delivering an emergency address, Putin said the operation has been launched to demilitarize Ukraine and defend people "suffering persecution and genocide" by the Kiev regime. "I have taken the decision to carry out a special military operation. Its goal will be to defend people who for eight years are suffering persecution and genocide by the Kiev regime. For this we will aim for demilitarization and de-Nazification of Ukraine," said Putin, asking Ukrainian soldiers to lay down arms. "Anyone who tries to interfere with us, or even more so, to create threats for our country and our people, must know that Russia's response will be immediate and will lead you to such consequences as you have never before experienced in your history," he added. Also Read | Russia-Ukraine War Live Updates: After Putin declares war, an explosion seen near Kharkiv -PTC News