Nifty hits 52-week low as crude crosses $105

Nifty hits 52-week low as crude crosses $105. The Nifty crashed below its previous 52-week support, shedding 1,000 points on the Sensex amid rising global crude oil prices. Brent crude surged past $105/barrel, fueling inflation and rate hike concerns. Weakness spanned across sectors, dragging down large-cap and F&O-heavy stocks.

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