Indian stock markets fall sharply as Sensex drops over 900 points

timesofindia.indiatimes.com —

Indian stock markets opened sharply lower on Monday, with the BSE Sensex plunging over 900 points and the NSE Nifty50 trading below the 22,900 mark, extending a losing streak. The decline was driven by rising crude oil prices, geopolitical tensions, and continued foreign investor selling. The Sensex fell 851.82 points to 73,043.92, while the Nifty dropped 277.55 points to 22,863.05, following seven consecutive sessions of losses. Brent crude rose 1.5% to around $106 a barrel amid a stalemate in US-Iran talks over the Strait of Hormuz. Foreign investors have sold $25.86 billion in Indian shares this year, with September outflows reaching $1.8 billion.


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Indian stock markets fall sharply as Sensex drops over 900 points | News Minimalist