Sensex Rally Hits A Pause After 940-Point Surge As Oil Falls Below $100 On U.S.-Iran Deal Hopes
The Sensex fell 114 points to 77,844.52 and the Nifty 50 slipped 4.30 points to 24,326.65 on Thursday, pausing after Wednesday’s oil-driven surge. Brent crude dropped below $100 a barrel as hopes rose for a U.S.-Iran agreement to ease tensions and energy prices. The rupee strengthened, and 11 of 16 sectoral indexes advanced, though PSU banks and IT stocks declined.
