Indian Stocks Plummet as Crude Oil Prices Soar
The Indian stock market began Friday's trade on a downward trend, led by financial stocks and rising crude oil prices.
The Sensex declined by 235.36 points to 78,699.80 in early trade, while the Nifty dipped by 24.30 points to 24,608.25.
The decline was driven by major laggards including Bajaj Finance, Bajaj Finserv, Trent, ICICI Bank, Bharti Airtel, and Eternal.
However, Tata Consultancy Services, Tech Mahindra, HCL Tech, and Infosys showed gains.