April 28, 2026, 2:00 pm
Benchmark equity indices Sensex and Nifty ended lower on Tuesday as rising crude oil prices and continued foreign fund outflows weakened investor sentiment.The 30-share BSE Sensex fell 416.72 points, or 0.54 per cent, to settle at 76,886.91. During the session, it dropped as much as 562.57 points, or 0.72 per cent, to 76,741.06.The NSE Nifty declined 97 points, or 0.40 per cent, to close at 23,995.70, according to PTI.
Brent crude, the global oil benchmark, jumped 2.97 per cent to USD 111.4 per barrel.Foreign Institutional Investors (FIIs) sold equities worth Rs 1,151.48 crore on Monday, as per exchange data.“Indian equity markets traded under pressure, ending in the red as unresolved tensions in the Middle East and persistent disruptions to energy supply, particularly the continued closure of the Strait of Hormuz, weighed on investor sentiment,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.“The sharp rise in crude oil prices above USD 110, continued disruption in the Strait of Hormuz, rupee depreciation beyond 94.5 and sustained FII outflows underscore mounting macroeconomic pressures on Indian markets,” he added.In Asian markets, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng ended lower, while South Korea’s Kospi closed higher. European markets were trading in positive territory. US markets ended flat on Monday.
