Sensex, Nifty Slip as Crude Oil Surges and FIIs Exit
By ThePip Desk
Indian stock markets Sensex and Nifty surrendered gains in late trade as soaring crude oil prices, rising bond yields, and heavy FII outflows sparked panic.
Indian equity markets relinquished most of their gains to trade in the negative territory during the late afternoon session. Surging crude oil prices and high bond yields triggered investor nervousness across the trading desk as Iran threatened to target infrastructure across the Middle East if its security concerns were not addressed.
- Brent crude: Surged past the $103 a barrel mark.
- FII activity: Net sellers on Tuesday, offloading securities worth Rs 9,980.22 crore.
Benchmark Indices And Sectoral Performance
Both Sensex and Nifty faced sustained selling pressure as foreign institutional investors continued to pull capital out of domestic markets. Nifty traded with a cut of over three-tenths of a percent, weighed down heavily by hospital and insurance stocks.
- BSE Sensex: Trading at 72,504.48, down by 24.59 points or 0.03%.
- Sensex range: Traded between 72,440.05 and 73,062.23 with 15 stocks advancing against 15 stocks declining on the index.
- Top gaining sectors: Realty up 0.95%, Bankex up 0.83%, Telecom up 0.58%, Auto up 0.40%, and IT up 0.24%.
- Top losing sectors: Healthcare down 2.10%, Consumer Durables down 1.16%, Metal down 0.58%, FMCG down 0.33%, and Basic Materials down 0.28%.
Top Movers And Bilateral Talks
Individual index constituents recorded distinct movements across the board during the session. Meanwhile, India and Italy are looking to deepen bilateral cooperation in tourism following the second meeting of the India-Italy Joint Working Group on Tourism held on September 29, 2026.
- Top Sensex losers: Eternal down 2.40%, Bajaj Finserv down 1.84%, Adani Ports & SEZ down 1.49%, Sun Pharmaceutical Industries down 1.06%, and Bajaj Finance down 0.93%.
Global Cues And Regional Outlook
Asian equity markets traded mixed while tracking negative overnight cues from Wall Street. Meanwhile, European equity markets traded mostly in the green after recent economic data releases.
- UK economy Q2 2026: Expanded by 0.5% quarter-on-quarter, revised up from 0.4% in the previous estimate.