Sensex falls 200 points, Nifty below 24,350 as oil rises

Sensex fell over 200 points while Nifty slipped below 24,350 as crude oil prices hovered around $90 a barrel amid uncertainty over the reopening of the Strait of Hormuz. Reliance Industries, ICICI Bank and Infosys weighed on the benchmarks. Meanwhile, Lenskart and Tata Motors CV gained after reporting strong Q1 earnings.