Sensex Falls 943 Points, Nifty Drops 23,897 As Brent Crude Surges To $105.76

Mumbai: Indian equity markets traded cautiously on Monday, with benchmark indices falling 1 per cent each in early trade after the US and Iran failed to reach an agreement on a peace proposal related to the West Asia conflict. Sensex declined as much as 943 points or 1.22 per cent to hit an intraday low of 76,384 in morning trade, while Nifty fell 280 points or 1.15 per cent to 23,897. Sectorally, all indices traded in the red, with Nifty Consumer Durables, Nifty Auto, Nifty PSU Bank, Nifty Private Bank, Nifty Oil & Gas and Nifty Chemicals falling up to…