Economy
Nifty Slips Below 24,200 as Crude Oil Prices Surge Past $90

Nifty Slips Below 24,200 as Crude Oil Prices Surge Past $90

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THE BRIEF
1

The Nifty 50 index closed below the 24,200 mark today, dragged down by a sharp rise in global crude oil prices which crossed $91 per barrel.

2

The BSE Sensex fell by 492 points to settle at 77,235, reflecting widespread investor caution on the monthly expiry day.

3

Market analysts attribute the volatility to rising energy costs and geopolitical tensions, which have dampened sentiment across major Indian equity sectors.