Crude surge drags Sensex, Nifty down nearly 1%

Crude surge drags Sensex, Nifty down nearly 1%. Global crude oil prices jumped ~3%, sparking a risk-off sentiment among investors. The Nifty fell ~1.0% to close below 19,800 while the Sensex dropped ~560 points. Rising energy costs raised inflation and rate concerns, weighing heavily on equities.

📊 STOCKS: | 🏢 SECTOR: Indices | #HIGHIMPACT #CrudeOil