Sensex and Nifty dip 0.4% as Brent crude hits $90 mark
On Wednesday, Indian equity markets saw a decline of more than 0.4% as both the Sensex and Nifty felt the impact of surging oil costs. Brent crude prices climbed by over 1%, reaching nearly $90 a barrel due to ongoing friction between the US and Iran. Market participants also monitored international trends, such as the lackluster performance of US stocks and concerns regarding the potential closure of the Strait of Hormuz.
by shortkt.com✓