Sensex falls over 450 points as crude tops $113
Business
Stock markets had a rough Friday. Sensex fell over 450 points and Nifty slipped under 22,500.
The main culprit? Crude oil prices shot past $113 a barrel, making investors nervous and dragging down banking and metal stocks.
Most Nifty stocks in red
It wasn't just the big names feeling the heat.
Most Nifty stocks were in the red, the rupee opened at ₹94.79 per dollar, and many midcap and small-cap shares dropped too.