2 weeks ago
Crude Oil Rise and West Asia Tensions Send Stocks Lower
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.
The BSE Sensex fell 492.70 points, or 0.63%, to close at 77,235.46.
The Nifty 50 declined 132.75 points, or 0.55%, to finish at 24,154.90.
The Sensex recorded its third consecutive decline, while the Nifty fell for a sixth straight session.
Higher crude prices and fading hopes of a diplomatic breakthrough in West Asia weakened investor sentiment.
Brent crude rose 0.17% to USD 91.02 per barrel, while technology and several Tata Group stocks declined.
- Who
- Indian stock-market investors and companies listed on the BSE and NSE.
- What
- The Sensex and Nifty 50 declined, extending their losing streaks.
- Where
- Mumbai, with the market data covering the BSE and NSE.
- When
- Tuesday; the articles do not provide a calendar date.
- Why
- Elevated crude oil prices and fading hopes of a diplomatic breakthrough in West Asia weighed on investor sentiment.
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









