Indian Markets Dented by Crude Oil Prices and Global Caution
Indian stock markets, including the Sensex and Nifty, declined in early trade on Friday due to rising crude oil prices and cautious global market sentiment.
The Sensex fell 235.36 points to 78,699.80, while the Nifty dipped 24.30 points to 24,608.25.
Financial stocks like Bajaj Finance, ICICI Bank, and Bharti Airtel were among the major laggards in the Sensex pack.
The rise in Brent crude oil prices, trading at $83.45 per barrel, was a significant factor in the market downturn.