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Stock markets climb in early deals on lower crude oil prices

Stock markets climb in early deals on lower crude oil prices

Posted on July 28, 2026 By admin


Image used for representational purposes. File
| Photo Credit: Reuters

Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday (July 28, 2026) on lower crude oil prices amid easing geopolitical worries in West Asia.

Buying in IT stocks also supported the positive trend in the markets.

The 30-share BSE Sensex climbed 152.7 points to 76,988.48 in early trade. The 50-share NSE Nifty went up by 44.95 points to 24,040.90.

From the Sensex pack, Tech Mahindra, Tata Consultancy Services, Infosys, HCL Tech, Hindustan Unilever and Eternal were among the major gainers.

Bharat Electronics, NTPC, Power Grid and State Bank of India were among the laggards.

Brent crude, the global oil benchmark, traded 1.44% lower at $87.09 per barrel.

“Crude oil prices extended their decline as optimism over renewed talks with Iran eased concerns about potential supply disruptions,” Ponmudi R., CEO of Enrich Money, an online trading and wealth-tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,688.23 crore on Monday (July 27, 2026), according to exchange data.

In Asian markets, South Korea’s KOSPI tanked 9.34%. Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were also trading lower.

U.S. markets ended on a mixed note.

On Monday (July 28, 2026), the Sensex jumped 776.01 points, or 1.02%, to settle at 76,835.78. The Nifty surged 228.50 points, or 0.96%, to end at 23,995.95.

Published – July 28, 2026 10:44 am IST



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