Sensex Slips in Early Trade
2026-04-28 04:20
By
Jereli Escobar
1 min. read
India’s BSE Sensex opened about 0.1% lower at 77,219 on Tuesday, reversing gains from the previous session as elevated oil prices weighed on risk appetite.
Brent crude climbed to around $109 per barrel amid indications that efforts to end the Iran war have stalled, with US President Donald Trump reportedly dissatisfied with Iran’s latest proposal to resolve the conflict.
Meanwhile, foreign investors sold roughly $122 million worth of equities, extending their selling streak to a sixth consecutive session.
On the macro front, India’s industrial production data for March is due later in the day and is widely expected to ease to 4% from 5.2% in February, reinforcing signs of moderating economic momentum and keeping investors cautious in the near term.
Financial stocks led the decline, with notable laggards including Axis Bank (-0.5%), Jindal (-3.2%), Tanla (-3.4%), Vedanta (-1.1%), and Eternal (-1.4%), key performers included Cohance (+13.6%), Epack (+8.5%), and Coal India (+5%).