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Sensex Falls More Than 500 Points at Open; Nifty Slips Below 22,600

Indian benchmarks fell at the open, with the Sensex down more than 525 points and the Nifty below 22,600. Crude prices and high US bond yields weighed on sentiment amid continued profit booking.

NIFTYSENSEX

Mumbai, Oct. 22 — Indian equity benchmarks opened sharply lower on Thursday. The Sensex dropped more than 525 points, while the Nifty fell below 22,600, as elevated crude oil prices, high US bond yields and continued profit booking weighed on sentiment. The BSE Sensex was trading at 73,184.1…