The Economic Times

Sensex falls over 200 points, Nifty below 24,450 as oil nears $90/barrel. What lies ahead?

On Wednesday, Indian stocks experienced a downturn as oil prices approached $90 per barrel. Analysts attribute this decline to geopolitical tensions in the Middle East, which are hampering market momentum. Despite this, the resilience of India's growth suggests improved corporate earnings for FY27, while mid and small-cap stocks have been highly active due to recent results.