Economic TimesLean R·
Sensex, Nifty fall 0.7% as oil surge erases early gains
Mumbai: Indian equities declined on Monday, wiping out early gains and partly reversing Friday's bounce, as a spurt in crude oil prices following fresh attacks on Saudi Arabia by Iran-aligned Houthis over the weekend weighed on investor sentiment. The NSE Nifty 50 fell 0.70% to close at 22,363.35, while the BSE Sensex declined 0.76% to 71,924.68. Both indices had risen as much as 0.6% early in the day."Markets are likely to remain under pressure until crude oil prices eased significantly or the…
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