Crude Oil Rises; Indices Fall
Mumbai: Crude oil prices are once again trending towards the $90 mark as the likelihood of a peace agreement between the US and Iran diminishes. This has dampened trading sentiment in international equity markets. Consequently, Indian benchmark equity indices also traded in the red on Tuesday. Although the Sensex fell by as much as 494 points at one stage, it eventually settled at 78,154.25, down by 388.19 points. The Nifty dropped 112.10 points to close at 24,471.70.
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