Alexa
  • Directory of Taiwan

India's key stock index drops 3 percent on worries about global oil prices

India's key stock index drops 3 percent on worries about global oil prices

Indian shares have dropped sharply on worries about soaring crude oil prices.
In early trading, the Bombay Stock Exchange's benchmark 30-stock Sensex fell 469.52, or 3.02 percent, to 15,102.66 points.
On the broader National Stock Exchange, the 50-company S&P Nifty index declined 3.06 percent to 4,486 points.
Crude oil prices surged late last week, with the July contract on the New York Mercantile Exchange jumping 8 percent Friday to US$138.54 a barrel, a record close.
In Asian trading Monday, oil was down 79 cents at US$137.75.


Updated : 2021-05-06 05:33 GMT+08:00