Sensex slips 130 points, Nifty below 12,250 as crude oil prices spike
Equity benchmark BSE Sensex dropped over 100 points in opening session on Friday as global equities turned negative after the US killed a top Iranian general, fueling fears of a conflict in the oil-rich region. Brent crude surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84. The 30-share BSE index was trading 107.35 points or 0.26 per cent lower at 41,519.29. Similarly, the broader NSE Nifty slipped 39.10 points or 0.32 per cent to 12,243.10.