Sensex drops 715 points as crude oil crosses $95
pre-market1 source ↓written by the desknot a recommendation
- falling
- 715 points
- slipping below
- 24,000
- $95 per barrel
Indian stock markets faced a significant downturn on Wednesday, with the S&P BSE Sensex falling 715 points and the Nifty 50 slipping below 24,000. This decline is attributed to rising geopolitical tensions and a surge in Brent crude oil prices, now over $95 per barrel. Higher oil costs may pressure India's current account and fuel inflation concerns.
Not investment advice. For informational purposes only.