Commodities
Crude Oil Price Surge Drags Down Indian Stock Market
The Indian stock market kicked off the day on a sour note due to rising crude oil prices and declining financial stocks.
The Sensex, India's benchmark index, dropped by 235.36 points to 78,699.80 in early trade.
This decline was largely driven by major laggards such as Bajaj Finance, Bajaj Finserv, Trent, ICICI Bank, Bharti Airtel, and Eternal.
The Nifty, another key index, dipped 24.30 points to 24,608.25, reflecting the overall downward trend in the market.