Stock Market: Sensex plunges nearly 1000 pts, Nifty below 23,900

Mumbai: The BSE Sensex tanked 978.64 points to 76,517.72 in early trade on Thursday. The NSE Nifty plunged 299 points to 23,878.65.

Despite weakness in the US markets, Asian markets opened on a positive note, with the Nikkei up 1.03% at 60,531.8, Hang Seng rose 0.52% at 25,814.4, TAIEX advanced 0.54% at 39,176.2 and KOSPI gained 0.23% at 6,619.0. UAE leaving the OPEC was a key driver of opening trades across the region.