Sensex Falls to 2015-Lows
2026-03-04 12:06
By
Luisa Carvalho
1 min. read
India's BSE Sensex closed about 1.4% down at 79,116 on Wednesday, a low level not seen since April 2015, extending losses for a fourth straight session.
Market participants remained cautious amid uncertainty over how long the conflict between the US, Israel, and Iran will last, with concerns over energy disruptions weighing.
Economists and analysts noted that India’s strong dependence on oil imports makes it vulnerable to inflation, a deteriorating trade deficit, a weaker rupee, and slower growth, putting corporate earnings at risk if the conflict persists.
Selling pressure was visible across several sectors, including metals, financials, autos and capital goods.
Tata Steel, Larsen & Toubro, InterGlobe Aviation, UltraTech Cement, Maruti and NTPC were among the biggest laggards.
Bucking the broader trend, Infosys and Bharti Airtel saw gains.