Home / Business / Stock Market / Article / Sensex falls 207.55 points, Nifty sheds 73.30 points in early trade amid elevated crude oil prices

Sensex falls 207.55 points, Nifty sheds 73.30 points in early trade amid elevated crude oil prices

The 30-share BSE Sensex declined 207.55 points or 0.27 per cent to 77,946.70 in the morning trade. The 50-share NSE Nifty slipped 73.30 points or 0.30 per cent at 24,398.40 in the initial trade

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Representational Image. File pic.

Representational Image. File pic.

Domestic equity benchmark indices traded lower at the opening on Wednesday, as elevated crude oil prices, over USD 90 per barrel, amid the tensions in West Asia continued to dent investor sentiment. 

Crude oil prices that had earlier eased following US President Donald Trump's announcement of holding off military strikes against Iran, have started rising as a quick resolution and reopening of the Strait of Hormuz seem to be fading.

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