Home / Business / Business News / Article / Sensex sheds over 250 points, Nifty dips 99 points amid elevated crude oil, rising inflation

Sensex sheds over 250 points, Nifty dips 99 points amid elevated crude oil, rising inflation

The 30-share BSE Sensex dropped 251.89 points or 0.34 per cent to end at 72,781.89. The 50-share Nifty slipped 99.25 points or 0.44 per cent to settle at 22,622.70

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Representational Image. File pic.

Representational Image. File pic.

The domestic equity benchmark indices declined on Wednesday amid profit booking, elevated crude oil prices and rising inflation. India's WPI inflation rose to 11.39 per cent in September, reviving concerns over further rate hikes by the Reserve Bank of India (RBI).

Sensex, Nifty decline

The 30-share BSE Sensex dropped 251.89 points or 0.34 per cent to end at 72,781.89. The 50-share Nifty slipped 99.25 points or 0.44 per cent to settle at 22,622.70.

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