Sensex drops 700 points as crude oil prices rise
after close1 source ↓written by the desknot a recommendation
- falling
- 700 points
- testing
- 24,000 mark
- surged
- 7.67%
- 13.19
Indian benchmark indices opened the week lower, with the BSE Sensex falling over 700 points and the NSE Nifty50 testing the 24,000 mark. Losses were driven by financial, auto, and metal stocks amid escalating tensions in West Asia and rising crude oil prices, raising inflation concerns. The India VIX surged 7.67% to 13.19, indicating increased market volatility.
Not investment advice. For informational purposes only.