The intensified Russia-Ukraine conflict had a direct impact on the Indian share market as it fell by more than 1 percent in the early trade on Monday.

The blue-chip NSE Nifty-50 index was 1.26 percent, or 210.20 points, down at 16,448.20, and the S&P BSE Sensex dropped by 1.34 percent, or 746.80, to 55,209.58, said a report by India Today.

According to the media report, "investors join the global flight from riskier assets on worries that fresh sanctions on Russia could impact oil shipments, while the market focus was also on economic growth data due later in the day."