Stock markets end lower amid spike in oil prices; Sensex drops 480 pts
Indian stock markets, including the Sensex and Nifty, experienced a downturn, ending a two-day rally, as escalating US-Iran tensions led to a sharp increase in crude oil prices, sparking concerns over inflation and fiscal stability for oil-importing nations like India. Photograph: Arko Datta/Reuters Key Points Indian benchmark indices Sensex and Nifty ended lower, breaking a two-day winning streak. The decline…
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