Equity benchmark indices Sensex and Nifty tumbled in early trade on Tuesday (September 29, 2026) as elevated crude oil prices due to uncertainty over the West Asia situation and foreign fund outflows weighed on investors’ sentiment.

The 30-share BSE Sensex dropped 503 points to 72,260.09 in early trade. The 50-share NSE Nifty tumbled 151 points to 22,626.50.

From the 30 Sensex firms, Bajaj Finance, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, Asian Paints and Infosys were among the major laggards. Sun Pharma, InterGlobe Aviation, Adani Ports were the winners.

Brent crude, the global oil benchmark, traded 1.74% higher at $107.1 per barrel.

“Indian equity markets are expected to remain under pressure as elevated crude oil prices and persistent uncertainty over the US-Iran conflict weigh on market sentiment. US President Donald Trump said the US would win the conflict ‘very soon’, while officials are communicating with mediators seeking to end the conflict. However, significant uncertainty remains around the negotiations, keeping concerns over potential supply disruptions through the Strait of Hormuz elevated,” Ponmudi R., CEO of Enrich Money, a SEBI-registered online trading and wealth-tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,353.22 crore on Monday (September 28, 2026), according to exchange data.

In Asian markets, South Korea’s KOSPI, Japan’s Nikkei 225 index and Hong Kong’s Hang Seng index traded lower, while Shanghai’s SSE Composite index quoted marginally higher.

U.S. markets ended lower on Monday (September 28, 2026).

On Monday (September 28, 2026), the Sensex tanked 1,124.02 points, or 1.52%, to settle at 72,771.72, the lowest closing level since March 30, 2026. The Nifty dropped 360.25 points, or 1.56%, to end at 22,780.25.

Indian equities opened sharply lower on Monday (June 8, 2026), with benchmark indices falling 1% each amid escalating tensions in West Asia, rising crude oil prices and weak global cues.

Sensex opened at 73,421.61, down over 800 points or 1.11%, while Nifty began the session at 23,080.70, declining 286 points or 1.22%.

Sector-wise, selling pressure was seen across realty, metal, auto and information technology stocks, which witnessed the sharpest declines. Realty stocks fell nearly 2%, while metal, auto and IT indices lost over 1% each.

Among Nifty constituents, Wipro, TCS, Hindalco Industries, Tata Steel, JSW Steel, Bajaj Finance and Shriram Finance were among the major laggards.

Weakness extended beyond frontline indices, with broader market indices under pressure as Nifty Midcap 100, Midcap 150 and Smallcap indices declined close to 1% each.

However, market volatility increased sharply, with India VIX surging nearly 15% to around 18.

Analysts said the broader technical structure remains weak, with Nifty continuing to trade below key moving averages and maintaining a lower high-lower low formation, indicating persistent selling pressure.

They added that immediate support is seen around the 23,100-23,000 zone, while resistance remains clustered near the 23,500-23,700 range.

Investor sentiment remained fragile amid escalating geopolitical tensions in West Asia after renewed Israeli strikes on Lebanon and reports of explosions in multiple Iranian cities raised concerns that the conflict could broaden further and disrupt crude supplies through the Strait of Hormuz.

However, earlier, U.S. President Donald Trump said an agreement to end the conflict remained achievable and reportedly urged Israeli leadership to avoid further escalation.

Meanwhile, crude oil prices traded higher, with international benchmark Brent crude rising 4% to $96.90. Similarly, US WTI gained 4.64% to $94.75.

Asian markets largely traded in the negative territory, with Japan’s Nikkei falling nearly 4%, South Korea’s KOSPI plunging 5%, and Hong Kong’s Hang Seng declining about 1%.

Benchmark indices Sensex and Nifty tumbled in early trade on Monday (May 18, 2026) amid surging oil prices, weak global market trends after fresh escalation in tensions in West Asia.

A drone attack targeted the Barakah nuclear facility in the United Arab Emirates (UAE) on Sunday (May 17, 2026), marking a dangerous escalation in the West Asia conflict.

The 30-share BSE Sensex tanked 833.20 points to 74,404.79 in early trade. The 50-share NSE Nifty dropped 234 points to 23,401.70.

From the 30-Sensex firms, Tata Steel, Power Grid, Maruti, Trent, Titan and HDFC Bank were the biggest laggards.

Infosys, Tech Mahindra, Bharti Airtel and Tata Consultancy Services were the winners.

Brent crude, the global oil benchmark, traded 1.79% higher at $111.2 per barrel.

“Brent crude has spiked to USD 111 on absence of initiatives to open the Strait of Hormuz,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, Japan’s benchmark Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index quoted lower, while South Korea’s benchmark Kospi traded in positive territory.

U.S. markets ended over 1% lower on Friday (May 15, 2026).

“Global risk appetite weakened sharply after fresh escalation fears emerged in the Middle East. US President Donald Trump’s warning urging Iran to ‘get moving, FAST’ has once again revived concerns around a possible disruption in global crude oil supply routes, particularly around the Strait of Hormuz,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

For Indian markets, the biggest concern continues to remain elevated crude oil prices and currency pressure, he added.

Foreign Institutional Investors (FIIs) bought equities worth ₹1,329.17 crore on Friday, according to exchange data.

“U.S. President Donald Trump issued a fresh warning stating that the ‘clock is ticking for Iran’, signaling growing impatience over the pace of negotiations and increasing uncertainty surrounding the ongoing US–Iran situation and the Strait of Hormuz. This continues to remain a key overhang for global financial markets,” Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

On Friday (May 15, 2026), the Sensex dropped 160.73 points, or 0.21%, to settle at 75,237.99. The Nifty settled lower by 46.10 points, or 0.19%, at 23,643.50, snapping its two-day gaining streak.

Benchmark indices Sensex and Nifty tumbled in early trade on Friday (April 24, 2026) as surging oil prices and unabated foreign fund outflows unnerved investors.

Weakness in IT stocks and a negative trend in global markets also weighed on investor sentiment.

The 30-share BSE Sensex dropped 330 points to 77,334 in early trade. The 50-share NSE Nifty declined 93.3 points to 24,079.75.

Later, the BSE benchmark quoted 772.35 points lower at 76,876.79, and the Nifty tanked 205.45 points to 23,967.60.

From the 30-Sensex firms, HCL Tech, Infosys, Tata Consultancy Services, Sun Pharma, Tech Mahindra and Bharti Airtel were among the major laggards.

UltraTech Cement, Mahindra & Mahindra, State Bank of India and Hindustan Unilever were among the winners.

Brent crude, the global oil benchmark, traded 0.89% higher at $106 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,254.71 crore on Thursday (April 23, 2026), according to exchange data.

“The broader sentiment remains fragile, shaped largely by persistent geopolitical uncertainty. Developments in West Asia continue to influence market psychology. Although the ceasefire between Israel and Lebanon has been extended by three weeks following diplomatic engagement led by Donald Trump, the extension is being viewed as a temporary relief rather than a structural resolution,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

The underlying tensions, particularly around Iran, continue to keep risk appetite in check, he added.

In Asian markets, South Korea’s benchmark Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading lower, while Japan’s Nikkei 225 index quoted higher.

U.S. markets ended lower on Thursday (April 23, 2026).

“Crude oil prices remain elevated above the $100 per barrel mark, driven by supply disruptions and rising tensions around the Strait of Hormuz, adding to macroeconomic concerns,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

On Thursday (April 23, 2026), the Sensex tumbled 852.49 points or 1.09% to settle at 77,664. The Nifty dropped 205.05 points or 0.84% to end at 24,173.05.