Sensex closes about 0.5% lower at six-week low
India’s BSE Sensex closed about 0.5% down at 76,132.8 on Monday, the lowest in over six weeks, after reversing gains from the prior session.
8 on Monday, its lowest level in more than six weeks, after reversing gains from the previous session. Extended US-Iran hostilities, elevated crude oil prices and worries about Fed rate hikes weighed on sentiment, while foreign institutional investors stayed net sellers of equities on Friday. 8%. 6% higher.