Sensex Plunges 700 Points, Nifty Falls 0.95% as Iran War Drives Oil to $108
Brent crude surged above $108 a barrel, and analysts said the rise is fueling inflation worries and global market weakness.
9 Articles
9 Articles
Sensex, Nifty crash today: Freaky Friday for stock market - What led to major fall? Experts decode plunge
The Sensex crashed over 700 points, or 1%, to drop to 74200, while the NSE barometer Nifty 50 plunged over 200 points, or 1%, to hit an intraday low of 23,231.
The Indian stock market fell sharply on Friday following weak global cues. Investors were soured by a sharp sell-off as tensions in West Asia fueled a surge in crude oil prices.
Sensex, Nifty open lower tracking global cues, crude oil prices
Digital Desk | Mumbai, Sep 11 (IANS) Domestic equity benchmarks opened sharply lower on Friday tracking weak global markets as escalating Middle East tensions pushed oil prices higher and raised concerns over inflation and interest rates. Sensex started nearly 600 points or 0.79 per cent lower at 74,309.16, while Nifty opened 207.50 points or 0.88 per cent down at 23,270.30. Among sectors, Nifty Metal fell more than 3 per cent, making it the …
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