Indian equity markets experienced a downturn on Thursday, with the Nifty 50 and Sensex falling approximately 1% each. This decline followed renewed geopolitical uncertainty in West Asia, which soured investor sentiment and led to profit booking after a recent rally. Crude oil prices also spiked amid the developing situation.
Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions
Over the last five trading sessions ended October 1, the benchmark Sensex declined 2.27%, or 1,671 points, to close at 71,909. The index recorded losses