9 hrs ago
Indian Markets Fall as Crude Oil Prices, Yields Rise
Indian stock markets had a weak day on Thursday.
The Sensex, which tracks major companies, fell by about 417 points.
The Nifty 50 also dropped by 41 points.
The Sensex finished at 76,152.86.
The Nifty 50 finished at 23,873.45.
Investors were careful about buying stocks.
Higher crude oil prices contributed to their caution.
Higher interest rates, reflected in global yields, also made investors nervous.
The BSE Sensex closed at 76,152.86 on Thursday.
The Sensex fell 417.49 points, or 0.55 per cent.
The Nifty 50 ended at 23,873.45.
The Nifty 50 declined 41 points, or 0.17 per cent.
Surging crude oil prices and elevated global yields kept investors cautious.
- Who
- Indian equity markets and investors.
- What
- The Sensex and Nifty 50 closed lower.
- Where
- India.
- When
- Thursday; the report was published at 16:26.
- Why
- Surging crude oil prices and elevated global yields kept investors cautious.
Key facts
- Sensex close
- 76,152.86
- Sensex change
- Down 417.49 points, or 0.55 per cent
- Nifty 50 close
- 23,873.45
- Nifty 50 change
- Down 41.00 points, or 0.17 per cent
- Market direction
- Both major Indian equity indexes closed lower
- Investor sentiment
- Cautious amid higher crude oil prices and global yields
Sources
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