Banking Stocks Bleed as Nifty Bank Plummets 1.8% Amid Global Oil Shock and Inflation Fears

The Indian banking sector faced intense selling pressure on Monday morning, with the Nifty Bank index plummeting 1,008 points, or 1.80 percent, to trade at 54,904.55. Following the global spike in crude oil prices, which has crossed $102, the index opened weak at 54,646.00. It qu

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