Sensex Extends Losing Streak to Fourth Day
2026-08-19 04:32
By
Jereli Escobar
1 min. read
India’s BSE Sensex fell about 0.3% to 77,018 on Wednesday, extending losses to a fourth consecutive session and reaching its lowest level since July 28, as investors remained cautious amid elevated oil prices, rising global bond yields, and persistent foreign outflows.
Brent crude hovered around $92 a barrel, while higher US Treasury yields continued to pressure emerging-market assets.
Foreign investors have sold a record $25 billion of Indian equities this year, despite returning to buying on Tuesday.
Among stocks, Netweb (-4.5%), Himadri (-5.2%), Cupid (-1.8%), Paras Defence (-1.4%), and L&T Finance (-3.1%) declined.
On the upside, RailTel gained 3.3% after securing a 1.67 billion rupees order from the Employees' Provident Fund Organisation.
Prism Johnson rose about 6.9% after winning 10-year coal-supply contracts worth 704.9 million rupees annually.
Indraprastha Gas and Mahanagar Gas gained 3.2% and 3.6%, respectively, after government incentives to boost piped-gas connections.