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Market move▼ Strongly bearish for Indian equities
Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties
The brief
- Sensex fell 730 points to 73,170.12 in early trade
- Nifty dropped 231.50 points to 22,908.95
- A broad sell-off weighs on Indian equities, with crude-sensitive sectors particularly exposed
- Adani Enterprises shares drop 2% after Adani group entities swap 86 lakh shares for ₹2,498 crore | Details here
- Sollfege Smart Electronics IPO to raise ₹21.7 cr, open on Sep 30
- 10 BSE 500 smallcaps rose for five sessions despite a Sensex decline
- BSE cautions investors as international ETFs trade at steep premiums to NAV
- Augment India may sell 85 lakh Clean Max Enviro shares for ₹1,063 crore
Indian shares fall as crude prices surge
Sensex and Nifty fell sharply in early trade on 28 September as crude prices rose above $106 and investors remained cautious amid geopolitical uncertainty. The Sensex’s intraday decline reached 900 points, while the Nifty slipped below 22,900.
Monday, 28 September
- Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties