The index closed lower in six out of the last seven trading sessions. The selling pressure pushed the index below the 50-DMA mark which was placed around 47,600 levels.
Oil Price Today (October 21): Crude oil crosses $110 amid Middle East supply concerns. What lies ahead?
Brent crude futures jumped more than $1 to trade at around $110 per barrel. WTI Crude futures also gained more than a dollar to trade