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Commodities

Indian Stocks Slide Amid Oil Price Surge and MSCI Index Changes

Guavy AI Editorial Team
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Oil
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Indian stocks declined on Tuesday as tensions in the Middle East pushed crude oil prices higher and weighed on investor sentiment.

The Nifty 50 index fell 0.32% to close at 24,142.25, while the BSE Sensex dropped 0.24% to 77,184.66.

Fifteen out of sixteen major sectoral indices finished in negative territory due to investor caution.

The Brent crude price was around $92.50 a barrel after Iran's vow to retaliate against new US economic sanctions.

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