Stock markets decline dragged by banks, elevated crude oil prices
Indian stock markets fell on Friday, with the benchmark indices Sensex and Nifty declining after two days of gains. The BSE Sensex dropped 455.59 points, or 0.58%, closing at 78,499.17, primarily due to pressures from bank and financial stocks, alongside elevated crude oil prices exceeding $80 per barrel. Investors are now assessing market stability amid these fluctuations.