<p>Indian stocks fell on Wednesday after data showed the country's economic growth missed estimates, with the escalating Ukraine crisis and surging crude oil prices further weighing on investor sentiment.</p>.<p>The blue-chip NSE Nifty 50 index declined 1.02 per cent to 16,621.80 and the S&P BSE Sensex dropped 1.17 per cent to 55,586.67 as markets resumed trading after a holiday.</p>.<p>India's economy expanded 5.4 per cent in the October-December quarter from a year earlier, data released after market hours on Monday showed, missing economists' forecast of a 6 per cent growth, amid heightened worries over surging crude oil prices and commodities after Russia's invasion of Ukraine.</p>.<p>Oil prices rose above $110 a barrel on Wednesday, their highest since early July 2014, as sanctions on Russian banks hampered trade finance for crude shipments.</p>.<p>In Mumbai, Nifty's financial services sector index and the auto index were among the top losers, declining 2.2 per cent and 1.8 per cent, respectively.</p>.<p>Sensex on Wednesday slumped 613.55 points to 55,633.73 in the opening session. Nifty declined 175.30 points to 16,618.60.</p>.<p>Banking stocks were mostly in the red with ICICI Bank, HDFC Bank being the worst hit.</p>.<p>Tata Steel was the top gainer with stocks up over 3 per cent.</p>.<p><em><strong>Check out the latest DH videos here:</strong></em></p>
<p>Indian stocks fell on Wednesday after data showed the country's economic growth missed estimates, with the escalating Ukraine crisis and surging crude oil prices further weighing on investor sentiment.</p>.<p>The blue-chip NSE Nifty 50 index declined 1.02 per cent to 16,621.80 and the S&P BSE Sensex dropped 1.17 per cent to 55,586.67 as markets resumed trading after a holiday.</p>.<p>India's economy expanded 5.4 per cent in the October-December quarter from a year earlier, data released after market hours on Monday showed, missing economists' forecast of a 6 per cent growth, amid heightened worries over surging crude oil prices and commodities after Russia's invasion of Ukraine.</p>.<p>Oil prices rose above $110 a barrel on Wednesday, their highest since early July 2014, as sanctions on Russian banks hampered trade finance for crude shipments.</p>.<p>In Mumbai, Nifty's financial services sector index and the auto index were among the top losers, declining 2.2 per cent and 1.8 per cent, respectively.</p>.<p>Sensex on Wednesday slumped 613.55 points to 55,633.73 in the opening session. Nifty declined 175.30 points to 16,618.60.</p>.<p>Banking stocks were mostly in the red with ICICI Bank, HDFC Bank being the worst hit.</p>.<p>Tata Steel was the top gainer with stocks up over 3 per cent.</p>.<p><em><strong>Check out the latest DH videos here:</strong></em></p>