On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 points, while Nifty fell by 371.25 points. The decline resulted in a market capitalisation loss of nearly ₹10 lakh crore. Global concerns such as elevated oil prices and interest rate increases are impacting investor sentiment. Overall, the Indian stock market continues to struggle amid challenging economic factors.
Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?
Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.08, or