The Nifty 50 closed 0.7% lower at 22,363.35 and the Sensex lost 0.76% to 71,924.68 on 12 October, Reuters reported in its closing update. Early gains faded as investors weighed OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More costs and InflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More concerns.
India’s benchmark Nifty 50 and Sensex closed lower as rising oil prices and inflation concerns weighed on investor sentiment. Higher crude oil costs could increase import expenses and put pressure on corporate margins, while persistent inflation may limit the scope for Monetary EasingMonetary Easing refers to actions taken by central banks to stimulate economic growth by increasing the money supply and reducing interest rates. The term belongs in Level 7 bec...Read More. Investors remained cautious amid uncertainty over global energy markets and the outlook for interest rates.