Sensex falls over 300 points, Nifty slips below 22,690 as crude prices hover near USD 115
ANI News 50 min ago·27 Oct 2026, 4:17 am
India’s benchmark indices slipped on Tuesday, with the Sensex losing more than 300 points and the Nifty falling below the 22,690 level.
The move was led by a rise in crude oil prices, which hovered around $115 a barrel. Higher oil costs tend to lift import bills and fuel inflation, putting pressure on consumer‑spending and raising concerns for sectors such as auto and airlines, while also boosting energy stocks.
Investors will be watching whether oil prices stay elevated, how the Reserve Bank of India responds to any inflationary pressure, and the upcoming earnings season for clues on corporate resilience. Global cues, especially from the US and Europe, could also shape the market’s direction in the coming days.
Excerpt from ANI News
ANI | Updated: Oct 27, 2026 09:47 IST Mumbai (Maharashtra) [India], October 27 (ANI): Indian equity markets opened lower on Tuesday, with the Sensex falling over 300 points and the Nifty slipping below the 22,690 mark, as crude oil prices hovered near USD 115 per barrel and investors remained cautious ahead of the US…Read the original at ANI News
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- Category: Stocks.
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