Stock markets tumble in early trade as crude oil prices hit $100 per barrel mark
The BSE Sensex fell 512.07 points to 75,869.38 and the NSE Nifty dropped 153 points to 23,713.60 in early trade as crude oil prices surpassed $100 per barrel. This surge in oil prices is attributed to rising geopolitical tensions in West Asia, raising concerns about inflation and economic stability. Investors are now closely monitoring the situation for potential impacts on market performance and policy responses.