Indian benchmark indices Sensex and Nifty have seen a significant decline of over 4% this month, driven by foreign fund outflows, a weakening rupee, and geopolitical risks. Market participants are hoping for a pre-budget recovery, a trend observed historically. Elevated crude oil prices and rising global bond yields are further contributing to investor caution.
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?
Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.17 a