New Delhi, April 15 -- Domestic markets were closed on Tuesday, April 14 on account of Dr.Baba Saheb Ambedkar Jayanti. Trading will resume today (Wednesday, April 15).

The benchmark BSE Sensex fell by 0.91% to 76,847.57, and the NSE Nifty 50 index decreased by 0.86% to 23,842.65, reflecting declines across Asia as oil prices surged beyond $100 a barrel in light of the impending U.S. blockade of Iranian ports after negotiations between the nations did not result in an agreement to resolve the conflict.

The Indian rupee declined by 0.7% against the U.S. dollar, reaching 93.38, as oil prices surged past $100 per barrel, while the supportive dollar inflows for the currency, driven by banks unwinding their arbitrage positions, began to fade....