•Indian stock markets closed significantly lower, with Sensex sliding 829 points and Nifty falling below 23,700.
•The market downturn was primarily attributed to rising crude oil prices.
•Major Nifty losers included Eicher Motors, M&M, Maruti Suzuki, Bajaj Finance, and UltraTech Cement.
•Conversely, Coal India, Jio Financial, Adani Enterprises, NTPC, and Power Grid Corp were among the top gainers.
•Sector-wise, Auto, FMCG, and Private Bank indices saw significant declines, while Power, Energy, Oil & Gas, Metal, and Capital Goods indices registered gains.