Sensex Decline as Oil Rises

2026-09-09 04:25 By Nicole Aliyah 1 min. read

India’s BSE Sensex fell about 0.6%, or 460 points, to 75,125 on Wednesday, extending losses amid rising crude oil prices and escalating tensions in the Middle East.

The Nifty 50 also declined as investors remained concerned that higher energy costs could fuel inflation, widen India’s trade deficit and weigh on economic growth.

Brent crude climbed toward $100 a barrel, while the rupee remained under pressure near 95 per dollar.

Foreign investors continued to sell Indian equities, adding to market pressure.

IT stocks led the sell-off, with Infosys, HCLTech and Tech Mahindra among the major losers.

Among stocks in focus, Coforge tumbled more than 5% after Chairman Om Prakash Bhatt resigned following concerns raised by an internal audit over the company’s board evaluation process.

Other notable laggards included ICICI Bank (-0.7%), BSE Ltd. (-3.0%), IFCI Ltd. (-3.6%), HDFC Bank (-0.8%) and Reliance Industries (-0.6%).



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Sensex Decline as Oil Rises
India’s BSE Sensex fell about 0.6%, or 460 points, to 75,125 on Wednesday, extending losses amid rising crude oil prices and escalating tensions in the Middle East. The Nifty 50 also declined as investors remained concerned that higher energy costs could fuel inflation, widen India’s trade deficit and weigh on economic growth. Brent crude climbed toward $100 a barrel, while the rupee remained under pressure near 95 per dollar. Foreign investors continued to sell Indian equities, adding to market pressure. IT stocks led the sell-off, with Infosys, HCLTech and Tech Mahindra among the major losers. Among stocks in focus, Coforge tumbled more than 5% after Chairman Om Prakash Bhatt resigned following concerns raised by an internal audit over the company’s board evaluation process. Other notable laggards included ICICI Bank (-0.7%), BSE Ltd. (-3.0%), IFCI Ltd. (-3.6%), HDFC Bank (-0.8%) and Reliance Industries (-0.6%).
2026-09-09
Sensex Closes at Near 3-Month Low
India’s BSE Sensex finished about 0.7% down at 75,577.6 on Tuesday, a level last seen in June and marking the second session of losses. The continued rally in oil prices and escalating hostilities in the Middle East kept market sentiment under pressure, while concerns persisted over volatility stemming from the new closing-auction pricing mechanism. Banking heavyweights were among the key drags, led by a 2% decline in ICICI Bank, while Axis Bank and HDFC Bank fell 1.7% and 1.1%, respectively. Reliance Industries and UltraTech Cement declined 1.2% each. On the upside, shares of Indian defense companies, including BEL, gained 1.5% after the government granted preliminary approval for military purchases worth about $11 billion. Adani Ports (1.1%), Hindustan Unilever (0.8%) and IndiGo (0.5%) also advanced firmly,
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The SENSEX Index Closes 0.73% Lower
The SENSEX Index decreased 555 points or 0.73 percent on Tuesday to close at 75578 points. The decline was led by ICICI Bank (-1.97%), Axis Bank (-1.67%) and Reliance Industries (-1.34%). On the upside, the strongest performers were Hindustan Unilever (1.03%), Adani Ports (0.78%) and Eternal Limited (0.19%).
2026-09-08