April 30, 2026 11:22 AM
Sensex, Nifty slide on oil surge, geopolitical jitters
India’s benchmark equity indices opened sharply lower on Thursday as Brent crude prices surged past USD 120 per barrel, weighing on investor sentiment amid escalating tensions in West Asia. The Nifty 50 fell 278.45 points, or 1.15 per cent, to open at 23,899.20, while the Sensex dropped 914.12 points, or 1.18 per cent, to 76,582.24. Market participants attributed the decline to the spike in crude prices and persistent geopolitical uncertainty, which have heightened volatility and triggered r...