India’s Sensex drops over 1,000 points from day’s high on oil spike

India's Sensex fell below 72,800 and the Nifty 50 slipped under 22,500 as Brent crude spiked to $114 a barrel, with broader small- and mid-cap indices losing up to 3%.

India's Sensex fell below 72,800 and the Nifty 50 slipped under 22,500 as Brent crude spiked to $114 a barrel, with broader small- and mid-cap indices losing up to 3%.