Indian small-caps slide as crude oil climbs past $116 a barrel
India's Sensex and Nifty 50 edged lower on Thursday as oil prices pushed above $116 a barrel, while smaller-company stocks fell much harder amid broad selling pressure.
India's Sensex and Nifty 50 edged lower on Thursday as oil prices pushed above $116 a barrel, while smaller-company stocks fell much harder amid broad selling pressure.

India's Sensex rose more than 700 points and Nifty 50 approached 22,900 after the US Federal Reserve left interest rates unchanged, adding nearly Rs 3 lakh crore to BSE-listed companies' market value.
Larsen & Toubro's stock surged to Rs 3,894 on the NSE after the engineering group posted a 33% year-on-year increase in net profit to Rs 5,202 crore for the September quarter.

Infosys posted a 6% year-on-year rise in net profit to Rs 7,823 crore for the September quarter, but narrowed its full-year revenue growth forecast to 1-2% in constant currency, down from 1.5-3%, citing weaker demand.

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%.