Sensex, Nifty Trade Flat as Asian Markets Slip; Brent Crude Nears $102
0
·2 views
Indian benchmark indices Sensex and Nifty were trading largely flat during the session, even as broader Asian markets declined. Brent crude oil prices approached the $102 per barrel mark, adding pressure to global markets. The rise in oil prices was driven by escalating tensions involving Iran, which threatened further escalation in the region. Concerns over potential disruptions to the Strait of Hormuz, a critical global oil transit route, contributed to the upward pressure on crude. The combination of geopolitical risks and weak Asian cues kept investor sentiment cautious on domestic bourses.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Discussion (0)
Log in to join the discussion and vote.
Log in