Dalal Street

Dalal Street Opens Deep in Red as Crude Rally and Geopolitical Tensions Shake Investor Confidence

Dalal Street Opens Deep in Red as Crude Rally and Geopolitical Tensions Shake Investor Confidence

Mumbai (Rajeev Sharma): Indian stock markets started the week on a weak note, with benchmark indices witnessing a steep decline in early trade on Monday, driven by surging oil prices and escalating global uncertainties. The BSE Sensex slipped sharply at the opening bell, losing over 1,600 points, while the Nifty 50 dropped around 400 points, reflecting a broad-based sell-off across sectors. The fall follows a spike in international crude oil prices, with Brent crossing the $100-mark after diplomatic efforts between the United States and Iran failed to yield any breakthrough. Concerns over a potential disruption in oil supply intensified after…
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