Sensex, Nifty open lower on crude oil price rise
pre-market1 source ↓written by the desknot a recommendation
- 0.31
- 239.95 points
- 0.38
- 91.45 points
- declining
- 1%
- falling
- 4%
- per barrel
- $95
Domestic equity benchmarks opened lower on 23 July, with Sensex at 76,515.10, down 239.95 points (0.31%), and Nifty at 23,904.80, slipping 91.45 points (0.38%). The Nifty Oil & Gas sector was the worst performer, declining nearly 1%, amid rising geopolitical tensions in West Asia and escalating crude oil prices.
Key losers included Dr Reddy’s Laboratories, IndiGo, and Infosys, falling up to 4%. Experts note that Brent crude prices have surged above $95 per barrel, intensifying market concerns.
Not investment advice. For informational purposes only.