Stock markets extend losses to fourth day on surging crude oil prices
The BSE Sensex fell 0.47% to close at 76,391.39, marking its fourth consecutive day of losses, primarily driven by rising crude oil prices. The NSE Nifty also declined by 0.53% to finish at 23,869.60, with major laggards including Adani Ports and Axis Bank. Analysts suggest that sustained high oil prices could further impact market sentiment and investor confidence.