Sensex, Nifty fall 0.7% as oil surge erases early gains
On Monday, Indian equities dipped as crude oil prices surged dramatically after recent attacks on Saudi Arabia.
The NSE Nifty 50 and BSE Sensex reversed their earlier positive trajectories, influenced by notable foreign selling.
Additionally, worries over the rupee's stability and continual sell-offs from foreign investors decreased market optimism.
A reported 1.2% rise in Brent crude intensified fears of potential supply interruptions.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
