Stock Markets Tumble in Early Trade Dragged by Elevated Crude Oil Prices, Foreign Fund Outflows
- Indian stock markets fell more than 0.8% in early trading, with the Sensex and Nifty reaching 72,138.99 and 22,586.60, respectively.
- Rising Brent crude prices, a weaker rupee, higher bond yields, and continued foreign investor selling pressured equities.
- Foreign investors sold shares worth more than ₹5,353 crore on September 28, according to exchange data.
- Ponmudi R. of Enrich Money said uncertainty over the US-Iran conflict and possible supply disruptions remained a concern for investors.
14 Articles
14 Articles
Share Market Today: Sensex, Nifty Crash As Oil Prices, Weak Rupee and FII Selling Weigh on Markets
Indian stock markets extended their decline on Tuesday, with the Sensex and Nifty falling more than 0.8% in early trade as investors remained cautious amid rising crude oil prices, higher bond yields and continued foreign investor selling.The Nifty 50 was trading at 22,586.60, down 194 points or 0.85%, around 10:25 am. The BSE Sensex stood at 72,138.99, declining 633 points or 0.87%.The sharp
Indian Equities Open Lower Amid Weak Global Cues, Elevated Crude Prices and US Yields
Get latest articles and stories on Business at LatestLY. Indian equity markets opened on a cautious note on Tuesday after the previous session's sharp selloff, with elevated crude prices, rising US bond yields and weak global cues keeping risk appetite subdued. Business News | Indian Equities Open Lower Amid Weak Global Cues, Elevated Crude Prices and US Yields.
Indian stock markets plunged sharply in early trade. The BSE Sensex fell nearly 650 points on strong selling pressure across all sectors and broad market indices...
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