Sensex drops over 200 points, Nifty tests 23,600 as Strait of Hormuz tensions rattle oil markets

Indian stock markets closed lower as the new closing auction session impacted benchmark indices. Sensex fell nearly 456 points, while Nifty 50 saw a smaller decline. Bajaj Finance and Bajaj Finserv shares led the losses on the Sensex index. Geopolitical concerns over the Strait of Hormuz caused (…)