Sensex declines 493 points amid rising crude oil prices
pre-market1 source ↓written by the desknot a recommendation
- 0.63
- 77,235.46
- 0.55
- 24,154.90
Indian equity benchmarks faced significant pressure as the BSE Sensex fell 492.7 points (0.63%) to 77,235.46. The decline was driven by crude oil prices exceeding $91 per barrel, rising US bond yields, and geopolitical tensions in West Asia. The NSE Nifty dropped 132.75 points (0.55%) to 24,154.90, marking a sixth consecutive day of losses.
• Major laggards included Asian Paints, Infosys, and HCL Technologies.
• Axis Bank and Power Grid were among the few gainers.
The market remains cautious amid these developments.
Not investment advice. For informational purposes only.