Sensex, Nifty Close Flat In Narrow Range After Weak Session

India has a stock market, a big place where people buy and sell tiny pieces of companies.

On this day, the stock market barely moved and stayed almost the same, so traders call it a flat day.

One big reason is that oil, which fuels cars, planes, and factories, has gotten expensive.

Crude oil prices went up partly because the United States and Iran are having a disagreement over the Strait of Hormuz, a narrow sea passage used by many oil ships.

When that important waterway feels unsafe, oil prices can rise because people worry that supplies could be interrupted.

Expensive oil makes it costlier for companies to make and deliver their products, so investors become more careful.

Even though a type of oil called Brent Crude got a little cheaper and is now below USD 89 for one barrel, it is still pricey.

On this day, big foreign investors sold Indian company shares worth about Rs 1,002.50 crore.

Experts say the worry about oil and the unresolved situation in the Strait of Hormuz is keeping people cautious about buying stocks.

So after a weak session, the market ended the day flat.