
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.
The BSE Sensex fell by 492 points to settle at 77,235, reflecting widespread investor caution on the monthly expiry day.
Market analysts attribute the volatility to rising energy costs and geopolitical tensions, which have dampened sentiment across major Indian equity sectors.