The key benchmark indices started trade with deep cuts after Russia ordered military operations in Ukraine and reports emerged of blasts in some major Ukrainian cities. The BSE Sensex fell 1320 points to 55, 911, while the NSE Nifty50 was at 16,695, down 370 points.
Oil prices soared and topped the $100 a barrel mark for the first time since 2014. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 2.8 per cent, respectively.