Crude Oil Turmoil Returns to Markets
Mumbai: Crude oil is once again creating turbulence in the stock markets. Equity and forex markets are facing severe pressure as the price of a barrel of crude oil has once again crossed the $100 mark, driven by a deadlock in negotiations between the United States and Iran. Consequently, equity market indices suffered heavy losses for the second consecutive day. On Thursday, the Sensex shed 852.49 points to settle at 77,664.
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