Commodities
Dalal Street Bleeds Amid US-Iran Tensions
Indian benchmark indices opened lower on Wednesday amid volatile crude oil prices and US-Iran tensions.
The Sensex fell more than 70 points to 72,411.97, down 0.16%, while the Nifty slipped by over 50 points to 22,639.80, a decline of 0.34%.
This cautious opening was in contrast to Asian markets, which moved higher as crude oil prices steadied and technology stocks advanced.
The Brent crude futures rose 1.11% to $103.73 per barrel after Saudi Arabia restored half of the capacity of its East-West pipeline following drone attacks.