Sensex and Nifty fall over 1% as banks and oil weigh
Sensex and Nifty each fell over 1% as selling in private banks and high oil prices hit markets. The fall reflects pressure on two major sectors at once.
Context
Context: Sensex and Nifty are India's two main stock indexes, tracking large listed companies. Private banks carry a big weight in them, and oil prices matter because India imports much of its oil.
Burning Potato score: 29%