Benchmark indices top losers in Asia
Indian benchmark indices, Sensex and Nifty, fell on Wednesday due to high energy prices and LPG supply disruptions. Investors lost Rs 5.14 lakh crore, making the Sensex and Nifty the worst performers in Asia. The India VIX index also rose, indicating market volatility. Rising inflation, FII outflows, and a potential "death cross" are causing further selling pressure.