Archive · 2 Oct 2026
Indian Stocks Extend Four-Session Slide Amid FII Outflows
India’s two main stock-market indexes fell on Thursday.
The Sensex and Nifty had already declined for three trading days in a row.
Foreign investors were selling many Indian shares, which made other investors cautious.
Higher interest rates on US government bonds also made some overseas investments look more attractive.
Oil prices were below USD 100 early in the day, which gave markets some relief.
Later, Brent oil rose to about USD 100.80, adding to worries.
Several auto, metal and consumer companies lost value.
Some technology and banking companies gained, but they could not stop the overall market decline.
The Sensex fell 570.59 points, or 0.79%, to close at 71,909.70, after touching a 52-week low of 71,292.88.
The Nifty dropped 198.50 points, or 0.88%, to settle at 22,421.95, extending its decline for a fourth consecutive session.
Foreign Institutional Investors sold Rs 10,148.41 crore on Wednesday and Rs 34,203.14 crore over five sessions.
Higher US Treasury yields and elevated crude prices pressured investor sentiment, although crude was below USD 100 early in trading.
Auto, metals and consumer-related shares fell, while IT, telecommunications, insurance and hospital stocks helped limit losses.
- Who
- Indian stock-market investors, Foreign Institutional Investors and analysts including Vinod Nair, V K Vijayakumar and Hariselvan Radhakrishnan.
- What
- The Sensex and Nifty extended their losses for a fourth consecutive session and closed lower.
- When
- Thursday, following a weaker trading session on Wednesday.
- Where
- Indian stock exchanges, amid influences from US, Asian and European markets.
- Why
- Persistent foreign selling, elevated US Treasury yields and higher crude prices weighed on sentiment; easing crude prices early in the session provided limited support.
Factors Pressuring Markets
Factors Limiting Pressure
Foreign investor activity
Factors Pressuring Markets
FIIs sold Rs 10,148.41 crore on Wednesday, and analysts said high US Treasury yields could sustain selling pressure.
Factors Limiting Pressure
V K Vijayakumar said FIIs were still investing through primary-market offerings and buying some mid- and small-cap shares despite selling through exchanges.
Crude oil prices
Factors Pressuring Markets
Brent crude later rose 2.77% to USD 100.80 per barrel, increasing concerns about the economic outlook.
Factors Limiting Pressure
Crude traded at USD 97.13 early in the session, below USD 100, offering some relief to investors.
Market performance
Factors Pressuring Markets
The Sensex and Nifty closed lower, while auto, metal, consumer discretionary and utilities stocks recorded significant declines.
Factors Limiting Pressure
IT, telecommunications, insurance and hospital stocks gained, with Infosys, Tata Consultancy Services, HCLTech and HDFC Bank among the reported winners.
- Sensex close
- 71,909.70, down 570.59 points or 0.79%
- Sensex intraday low
- 71,292.88, down 1,187.41 points or 1.63%
- Nifty close
- 22,421.95, down 198.50 points or 0.88%
- Foreign selling Wednesday
- Rs 10,148.41 crore
- Foreign selling over five sessions
- Rs 34,203.14 crore
- US 10-year Treasury yield
- About 5.3% to 5.34%, according to analysts
- Brent crude
- USD 97.13 early in the session, later rising 2.77% to USD 100.80 per barrel
Sources
Markets slide as FII outflows, oil and US yields rise
Sensex, Nifty Fall In Early Trade On Continued Foreign Fund Outflows
Stock market fails to hold gains: Sensex declines 215 points, Nifty down 107.25 points
