Stock Market Today Live Updates: Sensex drops over 800 points in opening trade; Nifty50 goes below 24,200 as oil prices rise
Indian stock market indices, Sensex and Nifty50, plummeted in the opening trade on Thursday due to rising global crude oil prices amid the US-Iran conflict. The Nifty50 fell below 24,200, while the Sensex dropped over 800 points.
Indian equity benchmarks, Nifty50 and BSE Sensex, crashed in the opening trade on Thursday. The decline is attributed to rising global crude oil prices amid the continued blockade of the Strait of Hormuz and the US-Iran conflict. Nifty50 fell below 24,200, while BSE Sensex dropped over 800 points. At 9:16 AM, Nifty50 was trading at 24,161.20, down 217 points or 0.89%. BSE Sensex was at 77,712.34, down 804 points or 1.02%. The top 10 losers on BSE Sensex included InterGlobe, M&M, and Asian Paints. Market participants are watchful, with near-term movement likely shaped by developments in the US-Iran conflict.
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