Stock Markets Tumble in Early Trade Amid Escalating Tensions in West Asia, Higher Oil Prices

Sensex, Nifty off day’s low, crude prices & IT stocks selloff weigh sentiment

The broader market also weakened, with midcap and smallcap indices declining as selling pressure spread across most sectoral segments.

Stock markets tumble in early trade amid escalating tensions in West Asia, higher oil prices

Selling in IT stocks and fresh foreign fund outflows also dented investors' sentiment. The 30-share BSE Sensex tanked 500.25 points to 75,060.61 in early trade. The 50-share NSE Nifty declined 129.40 points to 23,506.10

Sensex Drops by 600 Points Amid Multiple Challenges

The recent decline in the Indian stock market is primarily attributed to rising crude oil prices and geopolitical tensions. On Wednesday, the BSE Sensex experienced a near 600-point drop, resulting in a trading value of 74,945.38. Brent crude oil has surged to approximately $99.33 a barrel, which raises significant concerns for India, a major oil […]

Sensex, Nifty plunge in early trade on crude oil, US Fed concerns: See key gainers & laggards

Surging crude oil prices and rising possibility of the US Fed raising key interest rates pulled down the Indian stock market deep into the red in early trade today. Around 9:25 AM, Sensex 30 was around 75,086.48, down 0.65% or 491.10 points while Nifty 50 was trading at 23,507.75, down 0.54% or 127.35 points.