Stock markets fall in early trade amid rising crude oil prices
Mumbai, Aug 19 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday as elevated crude oil prices and persistent geopolitical uncertainties dented investors’ sentiment. The expiry of the temporary 60-day US-Iran ceasefire without any meaningful diplomatic breakthrough has renewed concerns over a prolonged disruption to energy supplies, driving crude oil prices higher, an expert said. The 30-share BSE Sensex was down 166.19 points to 77,070.93 in early trade. The 50-share NSE Nifty dropped 59 points to 24,096.75. From the Sensex pack, Tata Steel, Larsen & Toubro, Bajaj Finance, Bharat Electronics, Power Grid and Mahindra & Mahindra