Final Trade: Nifty near 17,200, Sensex down 300 points

The Indian markets erased all gains made in the morning session as benchmarks ended with more than half per cent cut today. Rising crude and Russia-Ukraine factors continue to weigh on the domestic market, forcing it to trade volatile. The Nifty50 slipped below 17,300, while the S&P BSE Sensex closed with over 300 points loss as they closed on 17,223.60 and 57,684.82 respectively.