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Indian Market Plunges Most in Two Years as Oil Prices Ease to $106 at Opening Bell
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Indian Market Plunges Most in 2 Years; Oil Softens to $106 Amid Global Volatility
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Moneycontrol
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20-03-2026, 08:31
Indian Market Plunges Most in 2 Years; Oil Softens to $106 Amid Global Volatility
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Indian markets experienced their largest decline in nearly two years, reflecting broader global market trends.
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Asian markets largely fell following a volatile session on Wall Street, where major US indices like Dow Jones, S&P 500, and NASDAQ all declined.
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US futures saw a mild rise after a weak Thursday, but Wall Street's major averages are set for their fourth consecutive losing week.
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Oil prices dropped, with Brent crude falling to $105/barrel and WTI Crude at $92, influenced by comments on potential Iranian crude release.
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Precious metals also saw a selloff, with Gold falling 3% to $4,654 and silver sliding 3% to $72.
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