Sensex drops 715 points as crude oil crosses $95
after close1 source ↓written by the desknot a recommendation
- Sensex closing
- 715 points
- as rising geopolitical
- 24,000
- fueled investor anxiety
- $95 per barrel
Indian stock markets faced their steepest decline in two weeks, with the S&P BSE Sensex closing down 715 points. The Nifty 50 slipped below 24,000 as rising geopolitical tensions and Brent crude oil prices surged above $95 per barrel fueled investor anxiety. Higher oil prices may increase India's import bills, impacting inflation and profit margins in energy-intensive sectors.
Not investment advice. For informational purposes only.