Sensex declines by 561 points on surging oil, West Asia flare-up; banks, auto shares major drag
The BSE Sensex fell by 561.46 points, closing at 65,000.12, as rising crude oil prices and geopolitical tensions in West Asia dampened investor sentiment. Analysts noted that fresh foreign fund outflows and the rupee's decline below ₹96 against the U.S. dollar further contributed to the market downturn. The decline interrupted a three-day gaining streak for the index, highlighting the volatility in the current market environment.