Share/Stock Market Live Updates: The topline equity indices on BSE and National Stock Exchange (NSE) marginally recovered from their early lows but were down around 2.8 per cent during the morning trade on Thursday tracking a fall in their Asian peers after Russia announced military operations in eastern Ukraine.
At 10:28 am, the S&P BSE Sensex was down 1,614.07 points (2.82 per cent) at 55,617.99 while the Nifty 50 fell 476.85 points (2.79 per cent) to 16,586.40. Both the indices had opened around 3 per cent lower and slipped over 3.5 per cent within minutes of the opening bell with the BSE benchmark slipping to 55,147.73 while the NSE barometer hit a low of 16,453.65.
Earlier in the day, Russian President Vladimir Putin announced a military operation in Ukraine, and he warned other countries that any attempt to interfere with the Russian action would lead to “consequences they have never seen.” As Putin spoke, big explosions were heard in Kyiv, Kharkiv and other areas of Ukraine. FOLLOW Live Updates on Ukraine-Russia
(with inputs from agencies)