Crude surge, RBI norms drag Nifty; Midcaps buck the trend

Equity benchmarks closed lower on Tuesday, as Brent crude surging past $110 a barrel, a weakening rupee and fresh regulatory pressure on banks combined to dampen sentiment on a monthly derivatives ex… The Nifty 50 fell 97 points, or 0.40%, to settle at 23,995.70, while the BSE Sensex dropped 416.72 points, or 0.54%, to close at 76,886.91