India Stock Market Today: Sensex Drops Over 1,100 Points, Nifty Slips as Oil Rebound Revives Risk Fears
Late in Thursday’s session, Indian equities slipped, erasing a chunk of gains from the prior rally as oil prices moved higher and tensions resurfaced around the U.S.-Iran ceasefire. By 2:40 p.m. IST, the Sensex had dropped 1,171.65 points, or 1.51%, to 76,391.25. The Nifty 50, meanwhile, was down 269.10 points, or 1.12%, at 23,728.25 at 2:49 p.m. IST.