Indian stocks fall as crude oil surge weighs on sentiment

Indian benchmark indices Sensex and Nifty ended lower on Tuesday, with the Sensex dropping 388 points to 78,154.25 and the Nifty declining 112 points to 24,471.70, as a sharp rally in crude oil prices due to geopolitical uncertainties dented investor sentiment. Brent crude jumped 2.18% to $89.63 per barrel, while concerns over Strait of Hormuz disruptions and US-Iran negotiations kept markets guarded.