BusinessPhoto: Firstpost BusinessSensex Drops 450 Points, Nifty Falls Below 22,500 on Rising Oil Prices
Indian stock markets declined sharply on Friday as the Sensex fell over 450 points to 72,797.49 and the Nifty 50 slipped below 22,500 to 22,495.85. Rising crude oil prices above $113 per barrel, weakness in banking and metal stocks, and overall negative market sentiment pressured investors. Market breadth was negative with 44 Nifty stocks down and only six up.
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