Nifty falls 1.56%, Sensex tanks 1,124 points as PSU banks plunge, crude tops USD 107

New Delhi [India], September 28 (ANI): The stock markets in the country witnessed sharp selling on Monday, with both benchmark indices falling more than 1.5 per cent as rising crude oil prices, elevated US bond yields and a weakening rupee heightened concerns over inflation and global fund flows.

The Nifty 50 closed at 22,780.25, declining 360.25 points or 1.56 per cent, while the BSE Sensex ended at 72,771.72, d