Sensex Slips for Second Day
2026-09-01 04:43
By
Jereli Escobar
1 min. read
India’s BSE Sensex edged down about 0.2% to 76,798 on Tuesday, extending losses from the previous session, as rising crude oil prices and heightened Middle East tensions weighed on sentiment despite stronger-than-expected domestic growth.
India’s economy grew 7.8% year-on-year in the April-June quarter, supported by investment, manufacturing and consumer demand.
However, sentiment remained under pressure, with Brent crude trading around $91 a barrel amid escalating regional tensions.
Meanwhile, the RBI was likely to have intervened in the foreign exchange market ahead of Tuesday’s open, helping the rupee strengthen towards 95 per dollar.
Among stocks, HDFC Bank fell about 1% and remained in focus after hitting a roughly 30-month low following CEO Sashidhar Jagdishan’s decision not to seek a third term.
The stock has lost around 28.5% in 2026, with governance concerns adding to investor pressure.
Adani Energy (-1.5%), EPL (-8.7%), Kalyan Jewellers (-2.3%), and TCS (-2.4%) also declined.