Sensex Slips on Elevated Oil Prices

2026-10-27 05:00 By Jereli Escobar 1 min. read

India’s BSE Sensex edged down about 0.3% to 73,377 at the open on Tuesday, reversing gains from the previous session as elevated crude oil prices weighed on investor sentiment ahead of the US Federal Reserve’s interest-rate decision.

Brent crude traded near $115 a barrel, close to a six-month high, raising concerns about inflation, corporate margins and India’s import bill.

Investors also remained cautious ahead of the Fed’s policy announcement on Wednesday, with markets expecting interest rates to remain unchanged while assessing the outlook for borrowing costs later this year.

Among individual stocks, technology stocks led the losses, with notable decliners in TCS (-2.0%), Infosys (-2.9%), HCL (-1.2%), and Wipro (-1.7%).

On the upside, Tata Consumer Products jumped 5.8% on stronger-than-expected quarterly profit, buoyed by packaged food and beverage demand.

Sona BLW reported a 29.9% rise in net profit to 223.4 crore rupees, with revenue up 35.2% to 1,546.4 crore rupees.



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