Sensex Closes at 3-Month Lows
2026-09-11 10:56
By
Luisa Carvalho
1 min. read
India’s BSE Sensex pared early losses to close 0.2% lower at 74,872 on Friday, hovering near three-month lows and reversing modest gains in the previous session.
Sentiment remained pressured by elevated crude prices, inflation concerns, geopolitical tensions and sustained foreign outflows.
Investors also stayed cautious ahead of key US inflation data, which could influence next week’s Fed decision and capital flows into domestic equities.
Several sectors declined, led by metals and financials, although gains in technology stocks provided some cushion.
Tata Steel was the biggest laggard (-1.7%), followed by Reliance Industries (-1.3%), Sun Pharma (-1.2%), Bajaj Finance (-1.1%), Power Grid (-1.1%) and L&T (-1%).
Banking stocks were mixed, with HDFC Bank (+2%) and Kotak Mahindra Bank (+0.4%) gaining, while Axis Bank (-1%) and ICICI Bank (-0.4%) declined.
Tech Mahindra, HCL Tech and Infosys were among the top performers, rising 0.6%-1.4%.
For the week, the index dropped around 2.1%.