Brent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel at 0039 GMT, after touching $99.38 earlier in the session. West Texas Intermediate futures fell 28 cents, or 0.3%, to $89.39, after climbing as high as $90.71.
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The
Indian stock markets experienced a sharp selloff on Friday, with Sensex and Nifty dropping over 1%, driven by passive fund flows from MSCI index reshuffles.
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