Stock markets extend losses to 4th day on surging crude oil prices
Indian stock markets fell for the fourth consecutive day as crude oil prices surged to a 10-month high, impacting investor sentiment. The benchmark Sensex dropped by 300 points, closing at 66,000, while the Nifty fell by 90 points to settle at 19,600. Analysts warn that continued high oil prices could lead to inflationary pressures and affect economic growth.