BSE Sensex Takes a Tumble as Crude Oil Prices Spike

Oh boy, Friday was a rollercoaster for Indian markets! The BSE Sensex took a big tumble, dropping 630 points to settle at 74,272.61. The Nifty 50 joined the fun, slipping 0.92%. What caused this chaos? Crude oil prices shot up to $109.97 per barrel, leaving investors sweating over inflation and global tensions. With bond yields rising, everyone is running for safer options!