India Stock Market Today: Nifty 50 Closes Below 23,900, Sensex Slides 1.7% as Oil Volatility Hits Banks

Stocks in India tumbled Wednesday, with the Nifty 50 giving up 1.63% to settle at 23,866.85 and the BSE Sensex sliding 1.72% to 76,863.71. Investors unloaded shares as fresh swings in oil and an escalating Middle East crisis rattled sentiment.