Relentless crude oil price rise drags Sensex, Nifty in the red; See top gainers & laggards

Undiminished conflict in West Asia and relentless march of crude oil prices northwards pulled down the Indian equity market in early trading on Monday, September 7. In early trade Sensex 30 was trading at 76,384.41, down 0.17% or 131.02 points while Nifty 50 was at 23,848.80, down 0.20%, or 48.90 points.

Kolkata: Undiminished conflict in West Asia and relentless march of crude oil prices northwards pulled down the Indian equity market in early trading on Monday, September 7. In early trade Sensex 30 was trading at 76,384.41, down 0.17% or 131.02 points while Nifty 50 was at 23,848.80, down 0.20%, or 48.90 points.

As the strikes and counterstrikes between the US and Iran showed no signal of easing, crude oil prices kept extending last week’s gains on Monday morning too. According to Reuters, Brent crude futures rose 52 cents, or 0.54%, to reach $96.80 a ​barrel while West Texas Intermediate crude was up ​66........

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