Staff Selection Commission

Domestic equity markets opened lower for the second day due to a rise in crude oil prices. The Nifty 50 dropped 200 points and the Sensex declined 802 points. External factors such as Brent crude hitting $100 and sustained selling by FIIs are causing headwinds. The rupee is also under pressure and the LPG shortage is a growing concern. FIIs have been selling for 8 consecutive months.