
Closing Call: Crude jolted FMCG, IT held rupee hedge
Sensex shed 388 points and Nifty slipped 0.46% to 24,471.70, a second straight day of losses as Brent crude crossed $88 on Hormuz jitters, dragging FMCG and autos lower while IT and pharma held firm on the rupee hedge trade. Stocks moving: Gland Pharma, Finolex Cables, LIC, MRF, Tata Consumer. For more, askfuzz.ai
The skinny
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