
Crude Oil Surge Above $100 Pushes Indian Stocks Down; Nifty Drops To 23,556
Key Takeaways
- Crude oil prices rose above $100 per barrel amid escalating geopolitical tensions.
- Indian equity indices extended losses for a second consecutive session on March 12.
- Weak global cues, a depreciating rupee and continued FII selling dampened investor sentiment.
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“Indian Stock Market Today: Indian equity indices extended losses for the second consecutive session on March 12, driven by escalating geopolitical tensions that pushed crude oil prices above $100 per barrel”
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