Stock Market Today Live Updates: Indian benchmark indices opened on a subdued note on Wednesday, with the Nifty slipping below the 24,400 mark. The Indian stock market is trading under pressure today, with NSE Nifty 50 down 0.40% at 24,373.30 and BSE Sensex down 0.30% at 77,916.46. The rising oil prices, geopolitical tensions due to the Strait of Hormuz region, and upcoming inflation data was hurting investor sentiment. Key Factors Driving the Indian Stock Market TodayRising crude oil prices: Elevated oil prices are a major concern for India because the country relies heavily on imported crude. Higher oil prices can increase inflationary pressure and widen the import bill.