Sensex Finishes Week Lower
2026-10-23 10:40
By
Luisa Carvalho
1 min. read
India’s BSE Sensex closed about 0.2% down at an over one-week low of 73,124 on Friday, marking the fourth straight session of losses and posting a 2.1% weekly drop.
Market sentiment continued to be dominated by concerns over rising oil prices, geopolitical tensions and uncertainty regarding future developments.
High oil prices pose risks to India’s import bill, inflation outlook, and corporate margins.
Adding to the pressure, foreign institutional investors sold Indian equities worth 3.46 billion rupees on October 22.
Meanwhile, flash PMI data showed Indian private sector growth accelerated to a four-month high in October.
Selling remained widespread across sectors, with metal and consumer durables stocks among the biggest laggards.
Tata Steel led the losses, falling 3.2%, followed by Adani Ports, which declined 3.03%.
Meanwhile, Eternal recorded the strongest performance, gaining roughly 4%.
Larsen & Toubro advanced 1.3%, Reliance Industries rose 1.2%, and TCS increased by 1%.