Rupee snaps eight-day run as crude tops $112 and Nifty falls
Indian equities closed lower for a third consecutive session, with the body citing a surge in crude prices after an attack on a Saudi Aramco oilfield. The body is truncated.
Equities closed lower for a third consecutive session on Thursday, dragged down by a fresh surge in crude oil prices after Houthi rebels attacked a Saudi Aramco oilfield, snapping what had briefly looked like a stabilising market. Adding to the pressure, leveraged bets on Indian stocks are on cours…