2 weeks ago
Indian equities end mixed amid crude prices, Middle East risks
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.
The BSE Sensex rose 113.61 points, or 0.15 per cent, to settle at 78,079.96 on Thursday.
The NSE Nifty fell 40.10 points, or 0.16 per cent, to 24,395.85, its third straight day of decline.
Elevated crude oil prices and Middle East geopolitical uncertainty kept investors cautious.
InterGlobe Aviation, NTPC, Bharat Electronics, Larsen & Toubro, Hindustan Unilever and Eternal led Sensex gains, while ICICI Bank, Titan, Reliance Industries, UltraTech Cement and Infosys lagged.
Foreign Institutional Investors offloaded equities worth Rs 1,002.50 crore on Wednesday, according to exchange data.
- Who
- Indian equity investors trading on the BSE Sensex and NSE Nifty, with commentary from analysts at Geojit Investments Limited and HST Wealth.
- What
- Benchmark indices ended mixed, with the Sensex rising 113.61 points while the Nifty fell 40.10 points.
- Where
- Indian equity markets, based in Mumbai.
- When
- Thursday, following Foreign Institutional Investor equity sales of Rs 1,002.50 crore on Wednesday.
- Why
- Elevated crude oil prices and geopolitical uncertainty in the Middle East kept investors cautious.
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











