Sensex falls over 600 points as IT stocks slide, crude prices rise
National Herald 1 hr ago·28 Oct 2026, 4:51 am
The BSE Sensex slipped more than 600 points on Tuesday, driven by a sharp pull‑back in information‑technology shares and a jump in crude oil prices.
IT stocks, which make up a sizable portion of the index, fell after weaker-than‑expected earnings guidance from several major exporters, pulling the broader market lower. At the same time, rising crude pushed energy stocks higher, adding to the mixed sentiment.
Investors will be watching upcoming earnings reports from the sector, any further moves in global oil markets, and signals from the Reserve Bank of India on monetary policy, as these factors could shape the index’s direction in the coming days.
Excerpt from National Herald
Sensex fell 601.14 points in early trade, while Nifty declined 146 points Sensex fell 601.14 points in early trade, while Nifty declined 146 points IT stocks weighed on the benchmarks as higher crude prices and caution ahead of the US Federal Reserve’s decision dampened sentiment IT stocks weighed on the benchmarks as…Read the original at National Herald
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- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
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