Markets tumble at open; Jewellery stocks sink after PM Modi's advice on not buying gold

New Delhi [India], May 11 (ANI): Indian equity benchmarks opened in the red on Monday as geopolitical tensions, rising crude oil prices, and concerns over foreign exchange outflows weighed on investor sentiment. Prime Minister Modi's appeals to curb foreign exchange outflows and weak global cues from Wall Street futures added pressure to domestic markets. At the opening bell, the BSE SENSEX stood at 76,378.