Sensex Falls 943 Points, Nifty Drops 23,897 As Brent Crude Surges To $105.76
Indian benchmark indices opened lower, with Sensex dropping up to 943 points (1.22 percent) to 76,384 and Nifty falling 280 points (1.15 percent) to 23,897 in early trade. Renewed US-Iran tensions after President Trump rejected Iran’s peace proposal pushed Brent crude up 4.41 percent to 105.76 dollars per barrel, triggering selling across all sectors. Market volatility (India VIX) also rose.
Indian benchmark indices opened lower, with Sensex dropping up to 943 points (1.22 percent) to 76,384 and Nifty falling 280 points (1.15 percent) to 23,897 in early trade. Renewed US-Iran tensions after President Trump rejected Iran’s peace proposal pushed Brent crude up 4.41 percent to 105.76 dollars per barrel, triggering selling across all sectors. Market volatility (India VIX) also rose.
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