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VERIFIEDET Markets·negative
Sensex drops over 200 points, Nifty tests 23,600 as Strait of Hormuz tensions rattle oil markets
AI Summary
- ·Indian stock markets opened lower on Friday, with the Sensex dropping over 200 points and Nifty testing 23,600.
- ·Increased oil prices due to tensions in the Strait of Hormuz negatively impacted investor sentiment.
- ·Bajaj Finance and Bajaj Finserv shares led the declines on the Sensex, while IT stocks like TCS and Tech Mahindra saw gains.