Sensex, Nifty 50 Fall for 4th Consecutive Session Amid Oil Price Hike

Sensex, Nifty 50 Fall for 4th Consecutive Session Amid Oil Price Hike

The Sensex dropped 364 points, or 0.47%, to end at 76,391.39, while the Nifty 50 finished at 23,869.60, down 127 points, or 0.53%. In these four sessions, the Sensex has crashed 1,760 points, or 2.3%, while the NSE counterpart has shed 465 points, or almost 2%. Stock market benchmarks, the Sensex and the Nifty 50, extended losses for the fourth consecutive session on Thursday, 23 July, amid spiking crude oil prices driven by the Middle East conflict. The Sensex dropped 364 points, or 0.47%, to end at 76,391.39, while the Nifty 50 finished at 23,869.60, down 127 points, or 0.53%. The decline is attributed to the ongoing conflict in the Middle East, which has led to a surge in crude oil prices. The Sensex has crashed 1,760 points, or 2.3%, in the last four sessions, while the NSE counterpart has shed 465 points, or almost 2%. The market is expected to remain volatile in the coming days due to the ongoing geopolitical tensions.