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Indian equity benchmarks Sensex and Nifty50 are likely to make a huge gap-down opening on Monday, as crude oil prices surged past $130 a barrel mark amid heightened geopolitical tensions. At 8:22 am, Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — were down 429.5 points or 2.6 percent at 15,814.5.

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First Published:  IST

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