Closing Call: Nifty posts 4th straight loss as crude bites; Adani crashes 4%
Oil crossed $95 a barrel today and the Indian stock market paid the price. The Nifty closed at 23,869 after shedding 127 points, marking four straight sessions in the red — the longest losing streak in nearly two months. The Sensex has now bled 1,760 points in just four days. This is a trend, not a blip. This episode covers how surging brent crude is squeezing India's current account, why Goldman Sachs is flagging $120 oil as a real risk, and what the VIX climbing 1.37% signals about trader sentiment. Adani Enterprises crashed 4.37%, Dr. Reddy's hit a 52-week low, and IndiGo swung to a Rs 382…
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