Market opens: Nifty, Sensex updates for today

Rising crude oil prices, geopolitical tensions and currency weakness are pressuring Dalal Street markets like NSE Nifty50 and BSE Sensex.

Banking stocks came under selling pressure, while defensive sectors such as FMCG attracted buying interest.

Asian equities mostly advanced: South Korea's KOSPI surged 2.88%, Japan's Nikkei 225 gained 0.67%, and Hong Kong's HSI rose 0.7%.

BSE Sensex fell 715.06 points (0.92%) to 76,755.05, and NSE Nifty declined 191.45 points (0.79%) to 23,996.25, extending a three-session losing streak.

Crude oil jumped over 1.5% to a six-week high amid escalating concerns over the Strait of Hormuz.