Oil worries, AI optimism split market signals: Report

Oil worries, AI optimism split market signals: Report

While global stocks stayed near record highs amid AI optimism, Indian markets came under pressure from rising crude prices and uncertainty in West Asia, The Core reported. The Sensex dropped 508 points and the Nifty 50 declined 165 points on Monday, with Bernstein reportedly cautioning that elevated oil prices could dent India Inc's earnings outlook.

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