Equity benchmarks remained in control of bears since morning trade today on the back of weak global cues, reacting to Middle East and North Africa tensions. Fall in European markets and US index futures added more pressure in afternoon trade at 14:12 hours.
Rising crude oil prices was the biggest concern for global markets. Higher crude prices mean worsening current account deficit and that definitely would become a concern, says Devina Mehra of First Global. "I donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
