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via business-standard.comMarkets

Oil above $112 a barrel keeps Nifty in red, Sensex sheds 460 points on Thursday

FROM THE WIRE · BUSINESS-STANDARD.COM

Nifty fell 0.54 per cent to 22,687.65 as Brent crude climbed above $112 a barrel, with oil-sensitive stocks dragging markets lower amid renewed tensions in West Asia.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBrent crude rising above $112 and West Asia tensions drag oil-sensitive stocks and the Indian index lower.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nifty fell 0.54% to 22,687.65 points.
  2. 02Brent crude climbed above $112 a barrel.
  3. 03Oil-sensitive stocks dragged the market lower.
  4. 04Renewed tensions in West Asia are weighing on sentiment.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity111.97 USD+0.72%today +2.89%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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