Stock Market Live: Sensex Drops Over 500 Points, Nifty Slips

Stock Market Live: Sensex Drops Over 500 Points, Nifty Slips Below 22,650; Chemical and FMCG Stocks Under Pressure Synopsis Indian equity markets remain firmly in the negative territory, extending their recent decline as escalating tensions in the Middle East drive crude oil prices above $110 per barrel. Rising oil prices have heightened inflationary concerns and raised worries about the potential impact on India’s oil-import-dependent economy. Selling pressure is widespread across the market, with all sectoral indices trading lower. Auto, metal, FMCG, pharmaceutical, cement and chemical stocks are witnessing notable declines, while banking and financial services shares are also trading weak, reflecting broad-based investor caution. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,