Sensex sheds 778 points, Nifty settles at 23,118.60 amid rising global bond yields, crude oil prices
Brent crude jumped 1.89% to $107.7 a barrel as foreign selling and higher bond yields pushed benchmark indices to multi-month lows.
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Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
Stock Market Today: Sensex Falls 778 Points, Nifty Drops 280 Points Amid Broad Market Sell-Off | 📰 LatestLY
The Sensex declined 777.94 points, or 1.04 per cent, to settle at 74,003.82, while the Nifty dropped 279.50 points, or 1.19 per cent, to close at 23,118.60. 📰 Stock Market Today: Sensex Falls 778 Points, Nifty Drops 280 Points Amid Broad Market Sell-Off.
Sensex sheds 778 points, Nifty settles at 23,118.60 amid rising global bond yields, crude oil prices
Meanwhile, the Indian rupee extended its losses for the fifth consecutive session, dragged down by a persistent surge in global bond yields and rising crude oil prices amid ongoing supply disruptions.
Ahmedabad: In the opening of the stock market on Tuesday, the Sensex opened at 75,369 with a jump of about 588 points and the Nifty also reached above 23,500. Such a boom was seen in IT stocks. However, the Sensex fell due to profit-taking from highs. Tata stocks also saw a boom. Investors' wealth. There was a decrease of Rs. Nine lakh crore. The trading session […] The post Sensex fell by 778 points on crude oil price hike appeared first on chi…
Sensex, Nifty fall over 1% as crude, global yields weigh on investor sentiment
Mumbai: Indian equity markets ended sharply lower on Tuesday with the Sensex falling 777.94 points, or 1.04 per cent, to 74,003.82 and the Nifty declining 279.50 points, or 1.19 per cent, to 23,118.60, as rising crude oil prices and broader selling pressure weighed on sentiment. Market analyst Vipin Dixena said the decline was more than […]
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