Economy
Sensex and Nifty Face Cautious Start Amid Rising Crude Oil Prices
Moneycontrol2h
THE BRIEF
1
Indian equity markets are signaling a flat opening as global crude oil prices surged past $91 per barrel, pressuring domestic indices like the Sensex and Nifty.
2
The Nifty 50 has recorded a decline for six consecutive sessions, with support levels now testing the 24,000 mark amid ongoing geopolitical uncertainty in the Middle East.
3
Investors are closely monitoring rising bond yields and the Asian chip sector rout, which are contributing to a bearish sentiment across major financial markets.