Indian stock markets closed slightly lower on Friday as rising oil prices and Strait of Hormuz concerns hurt investor sentiment. The Sensex fell 71 points to 78,009, while the Nifty dropped 29.85 points to 24,366. Higher crude prices raised worries about India’s import costs and inflation. Midcap and smallcap stocks also declined.
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Stock Market Close: Sensex Drops, Nifty Ends Below 24,400
