Sensex falls over 240 points, Nifty sheds 64 points amid elevated crude oil prices, FII outflows
Mid-Day 1 hr ago·29 Sept 2026, 11:43 am
Indian equity benchmarks opened on a weak note as global markets reacted to rising crude oil prices and sustained selling by foreign institutional investors. The Nifty 50 index slipped below the 22,000 mark, while the BSE Sensex dropped over 240 points, reflecting investor caution amid a volatile global environment.
The market decline is being driven by higher crude oil prices, which increase input costs for companies and widen the trade deficit. Simultaneously, consistent FII outflows have added to the selling pressure, leaving domestic investors to absorb the selling volume. This dual pressure has led to a broad-based pullback across sectors.
Investors should monitor the trend in global crude prices and the pace of foreign fund flows. A rebound in global sentiment or a stabilization in oil prices could help the indices find support. For now, market participants are advised to stay cautious and avoid making impulsive decisions during this period of heightened volatility.
Excerpt from Mid-Day
Updated On: 29 September, 2026 05:13 PM IST | Mumbai | mid-day online correspondent The 30-share BSE Sensex slipped 242.65 points, or 0.33 per cent, to settle at 72,529.07. The 50-share NSE Nifty shed 64.05 points, or 0.28 per cent, to end at 22,716.20 Representational Image. File pic. The domestic equity benchmark…Read the original at Mid-Day
Key takeaways
- Category: Economy.
- 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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