The SENSEX Index Closes 0.42% Lower

India’s BSE Sensex closed about 0.4% down at 76,909.7 on Wednesday, the lowest since July 28, marking the fourth straight session of losses. Sentiment remained cautious amid higher oil prices, elevated global bond yields and ongoing geopolitical uncertainty surrounding the US-Iran conflict and the Strait of Hormuz. Investors also awaited the release of the FOMC minutes due later in the day for further clues on the Fed’s monetary policy path. Meanwhile, foreign outflows remained a key drag on Indian equities, with foreign investors withdrawing a record $25 billion so far this year despite turning net buyers on Tuesday. Among individual stocks, Power Grid Corporation (-2%), Bajaj Finance (-1.3%), Larsen & Toubro (-1.3%), ITC (-1.2%) and Hindustan Unilever (-1%) posted the biggest losses. On the other hand, HCL Technologies (+1.7%), Eternal (+1.3%), Kotak Mahindra Bank (+1.2%) and Sun Pharmaceutical Industries (+1.2%) were the notable gainers.

The SENSEX Index dropped 327 points or 0.42 percent on Wednesday to close at 76908 points. Losses were led by Power Grid (-1.98%), Bajaj Finance (-1.29%) and ITC (-1.26%). Offsetting the fall, top gainers were HCL Tech (1.85%), Eternal Limited (1.33%) and Sun Pharmaceuticals (1.27%).

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.