crude oil
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Nifty 50 Falls Below 23,800 as Crude Shock Bites
Nifty 50 slipped below 23,800 on September 8 as elevated crude prices and US-Iran tensions pressured Indian equities, while defence stocks gained attention after a ₹1.10 lakh crore procurement push.
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India Widens LNG Sources to 15 Countries as Markets Feel Crude Pressure due to WAR
India has widened its LNG sourcing base from six to 15 countries and crude oil sources from 27 to 41 as geopolitical risks continue to threaten energy supply routes. The move comes as Indian markets closed almost flat on Monday, with crude prices and West Asia uncertainty offsetting strong earnings and softer US jobs data.