BusinessQuiet 86d · day 93
Indian markets extend losses as crude oil surges past $91
Sensex and Nifty fall for a seventh consecutive day, with rising oil prices cited as a key driver of investor concern.
What to know
- Indian markets have declined for seven consecutive days, with crude oil prices climbing to $91 per barrel cited as the primary driver of investor concern.
- The Sensex settled at 76,909.68 on August 19, down 325.78 points (0.42%), while Nifty fell to 24,078, down 76 points.
- Rising crude oil prices amid geopolitical tensions (US-Iran tensions mentioned) are unnerving investors and pressuring market sentiment.
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