Sensex plunges 950 points as market reacts to economic pressures

The Sensex opened 370 points higher but fell 699 points to close at 71,773, reversing sharply from the day’s high after an early rise.
The Nifty dropped 203 points to 22,317, falling below the 22,550 level it had held in the morning session.
Investors booked profits after Friday’s rally, when the Sensex surged 879 points as markets recovered, prompting traders to cash in on recent gains.
Volatile oil prices, driven by attacks on Gulf shipping and airports, added to investor worries and weighed on market sentiment.

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