Sensex Closes Sharply Lower

2026-03-11 10:59 By Luisa Carvalho 1 min. read

India’s BSE Sensex deepened losses to close about 1.7% down at 76,863.7 on Wednesday, reversing the advance the day before.

Investor sentiment turned cautious amid the ongoing tensions in the Middle East, volatility in crude oil prices and sustained foreign fund outflows.

Sectors experienced broad declines, with heightened profit-taking in leading banking, financial, and automotive stocks during the session.

Bajaj Finance, Axis Bank, Bajaj Finserv, SBIN and HDFC Bank saw sharp losses, ranging between 1.8% and 5%.

Other large companies, including Mahindra & Mahindra, Maruti and Bharti Airtel also declined.

Heavyweight Reliance Industries reversed early gains to close 1.3% down, after US President Trump announced a deal with the company to build the first new major oil refinery in the United States in half a century.

Among the few gainers, shares of NTPC and Sun Pharmaceutical Industries each rose 0.7%.



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