Crude Oil Prices Surge Leading To Crash In Sensex, NSE; Rupee Trades At Low Of 76.96 Against Dollar

On March 7, Indian equity indices crashed amid the Russia-Ukraine war. Crude oil prices surged to the highest level since 2008. Oil prices rose above the $130 mark to hit their highest since 2008. As of 10:51 am, the benchmark BSE Sensex crashed 1,622 points or 2.98 per cent to 52,712, reported NDTV. The broader NSE Nifty dived 456 points or 2.81 per cent to 15,789, reported NDTV. On March 7, rupee hit a lifetime low in early trading. The rupee was trading nearly 1 per cent weaker at 76.92 per dollar after touching 76.96, its weakest level ever, reported NDTV. Watch the video to know more.

(The above story first appeared on LatestLY on Mar 07, 2022 06:43 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).