Oil Price Shock Hits Markets !

Indian stock market indices opened with heavy losses on Monday as global crude oil prices surged sharply. The sudden spike in oil prices triggered panic among investors, leading to a steep fall in domestic markets. The benchmark indices reflected the pressure as trading began with significant declines.

At around 9:20 AM, the Sensex plunged by 2,182 points, while the Nifty was trading lower by 659 points. Market analysts say the surge in international crude oil prices has raised concerns about inflation and economic pressure, which negatively impacted investor sentiment and led to a sharp sell-off in early trade.