Business & Finance
Sensex, Nifty Extend Losses as Middle East Tensions Push Crude Prices Higher
Indian equity markets opened lower on Tuesday, extending losses from the previous session amid escalating tensions in the Middle East. The Sensex declined 368 points to 76,657.02, while the Nifty 50 fell 90 points to 23,688.70. Both benchmark indices had closed at six-week lows in the prior session, weighed down by rising crude oil prices and geopolitical uncertainty. Investor sentiment remained cautious after Iran issued a retaliation threat against US assets and Gulf energy infrastructure, further fueling concerns in the market. Brent crude prices hovered around $97 per barrel during this period.