Sensex today | Stock Market Live: Sensex drops 388 pts, Nifty slips to 24,471 on surging crude oil prices
The BSE Sensex fell by 388.19 points, or 0.49%, to close at 78,154.25, while the NSE Nifty dropped 112.10 points, or 0.46%, to finish at 24,471.70, driven by rising crude oil prices. Brent crude surged 2.18% to USD 89.63 per barrel amid concerns over disruptions in the Strait of Hormuz, raising risks for India's import bill and inflation. Despite this, foreign investors have returned to Indian equities, purchasing approximately $1.5 billion in August after a buying spree in July.