2 weeks ago

Indian equities end mixed amid crude prices, Middle East risks

Indian equities end mixed amid crude prices, Middle East risks
Equities end on a mixed note as geopolitical risks persist · thehansindia.com

Imagine the stock market is like a big scoreboard for pieces of companies that people can buy and sell.

In India, two well-known scoreboards are called the Sensex and the Nifty.

On Thursday, the Sensex went up a little bit, gaining about 114 points.

But the Nifty went down a little, losing about 40 points.

That means the market had a mixed day, with some companies doing well and others doing not so well.

Why were investors nervous?

Oil prices went up, which makes many things more expensive, and there was worry about conflict in the Middle East.

Some big foreign investors also sold shares worth a lot of money, which made people cautious.

Experts say high oil prices and world events are making the market go up and down without a clear direction.

Even so, the market stayed close to where it started, showing investors are being careful but not panicking.

Key facts

Sensex close
78,079.96 (+113.61 points, +0.15%)
Nifty close
24,395.85 (-40.10 points, -0.16%)
Nifty streak
Third consecutive day of decline
Sensex intraday range
77,665.89 low to 78,119.39 high (453.5 points)
FII activity
Offloaded equities worth Rs 1,002.50 crore on Wednesday
Sensex gainers
InterGlobe Aviation, NTPC, Bharat Electronics, Larsen & Toubro, Hindustan Unilever, Eternal
Sensex laggards
ICICI Bank, Titan, Reliance Industries, UltraTech Cement, Infosys

Quotes

Hariselvan Radhakrishnan

Founder & CEO, HST Wealth

“The market continues to exhibit resilience but lacks a strong directional trigger. While expectations of a less restrictive US monetary policy have improved the global investment backdrop, elevated crude prices and geopolitical uncertainty are keeping domestic investors cautious”
thehansindia.com
“Elevated crude oil prices remain a key overhang, with geopolitical uncertainty in the Middle East preventing a stronger risk‑on move”
thehansindia.com

Sources

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