2 weeks ago

Crude Oil Rise and West Asia Tensions Send Stocks Lower

Crude Oil Rise and West Asia Tensions Send Stocks Lower
Crude oil spikes, stocks sink as bears tighten grip · thehansindia.com

Indian stock markets fell on Tuesday.

The Sensex lost nearly 493 points, and the Nifty also declined.

The Sensex has now fallen for three days in a row.

The Nifty has fallen for six days in a row.

Investors were worried because oil became more expensive.

They were also less hopeful that countries in West Asia would quickly reach a diplomatic solution.

Technology stocks were among the biggest decliners.

Some banks and other companies gained despite the overall market fall.

Key facts

Sensex close
77,235.46
Sensex change
Down 492.70 points, or 0.63%
Nifty 50 close
24,154.90
Nifty 50 change
Down 132.75 points, or 0.55%
Brent crude
USD 91.02 per barrel, up 0.17%
Sensex losing streak
Three consecutive sessions
Nifty losing streak
Six consecutive sessions

Sources

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