Sensex Falls for Second Day

2026-08-12 04:39 By Jereli Escobar 1 min. read

India’s BSE Sensex fell about 0.3% to 77,957 on Wednesday, following the losses on the previous session as rising crude oil prices and caution ahead of domestic and US inflation data weighed on risk sentiment.

Oil prices moved closer to $90 a barrel as concerns over tensions in the Middle East and uncertainty around the reopening of the Strait of Hormuz raised fears of higher energy costs.

India’s annual inflation rate for July is also due later today, with forecasts pointing to a rise to 4.5% from 4.38%, which marked the highest rate since December 2024.

Among stocks, Godrej Consumer Products was a major decliner.

Its shares fell about 9.4% to their lowest level in more than three years after CEO Sudhir Sitapati unexpectedly resigned, just months after being reappointed, while Tata Group stocks also came under pressure following reports that Tata Sons Chairman N.

Chandrasekaran may step down.

Top losers included Dr. Agarwal’s (-5.7%), Tenneco Clean Air (-2.2%), and Manappuram (-1.7%)



News Stream
Sensex Falls for Second Day
India’s BSE Sensex fell about 0.3% to 77,957 on Wednesday, following the losses on the previous session as rising crude oil prices and caution ahead of domestic and US inflation data weighed on risk sentiment. Oil prices moved closer to $90 a barrel as concerns over tensions in the Middle East and uncertainty around the reopening of the Strait of Hormuz raised fears of higher energy costs. India’s annual inflation rate for July is also due later today, with forecasts pointing to a rise to 4.5% from 4.38%, which marked the highest rate since December 2024. Among stocks, Godrej Consumer Products was a major decliner. Its shares fell about 9.4% to their lowest level in more than three years after CEO Sudhir Sitapati unexpectedly resigned, just months after being reappointed, while Tata Group stocks also came under pressure following reports that Tata Sons Chairman N. Chandrasekaran may step down. Top losers included Dr. Agarwal’s (-5.7%), Tenneco Clean Air (-2.2%), and Manappuram (-1.7%)
2026-08-12
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2026-08-11