Aug 11: Stock Markets End Lower as Crude Nears $90; Nifty Slips Below 24,500

BY Our Business Correspondent Indian equity markets ended sharply lower on Tuesday as a fresh rise in crude oil prices and renewed uncertainty over the US-Iran negotiations weighed on investor sentiment. The escalation in oil prices, with Brent crude moving close to the $90-a-barrel mark, raised concerns over India’s import bill, inflationary pressures and the [...]