Cap on Russian crude oil sours market mood
Stocks kicked off the week on a poor note — hit by rising oil prices on account of the new cap on Russian crude and the relaxation in China’s Covid restrictions.
In volatile trade on Monday, the BSE Sensex after falling 360.62 points to 62507.88, ended with a 33.9-point loss to settle at 62834.60.
The broader NSE Nifty finished with marginal gains to end 4.95 points or 0.03 per cent higher at 18701.05.
