India Market Open: Crude-Fuelled Selloff Hits Paint, Aviation Stocks
The markets are facing heavy selling pressure with the Nifty and Bank Nifty underperforming. Brent crude has hit the $108–$110 range, which is negatively impacting oil-sensitive stocks like paint companies and aviation firms. While IT stocks are showing some resilience and trading in the green, metals, reality, and financial sectors are under pressure. The Nifty 50 opened 207.50 points lower at 23,270.30, while the Sensex fell at open to trade near 74,309.16.
