Nifty, Sensex close lower for fifth session, Experts say energy-led pressure to influence markets in near term
The Tribune 35 min ago·17 Aug 2026, 10:23 am
Indian equity benchmarks, the Nifty 50 and Sensex, ended the session in the red for the fifth consecutive day. The broader market also faced selling pressure, with the Nifty Midcap and Smallcap indices declining. This marks a notable streak of losses for the domestic market.
The primary driver behind this weakness appears to be the energy sector. Rising crude oil prices have increased the cost of fuel for consumers and production for companies. This added expense is weighing on corporate earnings and dampening investor sentiment.
For now, market experts suggest that this energy-led pressure will continue to influence market movements in the near term. Investors should keep a close watch on global crude oil trends and domestic inflation data to gauge the market's next direction.
Excerpt from The Tribune
Mumbai (Maharashtra) [India], August 17 (ANI): The equity markets extended their losing streak for the fifth consecutive session on Monday, with both benchmark indices closing in the red as rising crude oil prices continued to weigh on investor sentiment. The Nifty 50 index closed at 24,287.65, down 78.35 points or…Read the original at The Tribune
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
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