Economy
Sensex and Nifty Tumble in Early Trade Amid Crude Oil Price Pressures

Sensex and Nifty Tumble in Early Trade Amid Crude Oil Price Pressures

The Hindu53m
THE BRIEF
1

Indian equity benchmark indices Sensex and Nifty tumbled in early trade on Tuesday due to elevated crude oil prices and foreign fund outflows.

2

The BSE Sensex dropped 503 points to 72,260.09, while the NSE Nifty fell 151 points to 22,626.50 during early trading sessions.

3

Brent crude traded 1.74% higher at $107.1 per barrel while Foreign Institutional Investors offloaded equities worth ₹5,353.22 crore on Monday.