Stock Indices Dip on Geopolitical Tensions, Oil Price Surge

Key domestic stock indices ended in negative territory today over escalating geopolitical tensions and a substantial increase in crude oil prices. Profit booking was also evident at higher levels due to ongoing worries about disruptions in the Red Sea that could pose short-term hurdles for global supply chains and shipping costs.   Sensex settled 379 points or half a percent lower at 71,892 while the Nifty-50 finished 76 points or 0.35 percent down at 21,666.   In the broader market at the BSE, ...