Sensex Finishes on Negative Note
2026-05-15 11:01
By
Luisa Carvalho
1 min. read
India’s BSE Sensex closed 0.2% down at 75,238 on Friday, halting a two-day advance as late selling in metals and oil and gas stocks wiped out most of the day’s gains.
Investors turned more cautious amid growing inflation concerns.
Oil prices surged amid persistent Middle East tensions and uncertainty over the Strait of Hormuz reopening, while a nationwide fuel price hike added further pressure.
India raised petrol and diesel prices for the first time in four years by 3 rupees per litre, or more than 3%, to recoup some of the losses incurred due to higher global crude oil prices.
At the same time, foreign outflows continued.
Among individual stocks, Tata Steel (-2%) led the losses, followed by Eternal (-1.9%), Reliance Industries (-1.9%) and UltraTech Cement (-1.8%).
On the upside, Infosys and Tech Mahindra were the top performers, rising 2.1% and 2%, respectively.
Power Grid, Adani Ports, Maruti, Bahrti Airtel saw gains above 1% each.
For the week, the index posted a 2.7% decline.