Archive · 26 Aug 2026
Indian Equities Slide as Profit-Taking Weighs on Key Sectors
Indian stock markets fell on Wednesday after investors sold some shares to lock in earlier gains.
The Sensex and Nifty both ended lower.
Technology, consumer-goods, automobile and consumer-durable companies were among the weaker areas.
Shares of Infosys, Bharti Airtel, Reliance Industries and Tech Mahindra declined.
Some banks, UltraTech Cement and Tata Steel gained.
Lower oil prices provided some support to the market.
Brent crude became cheaper as investors expected less tension around the Strait of Hormuz.
Foreign investors were still net buyers on Tuesday.
The BSE Sensex fell 183.15 points, or 0.24%, to 77,472.94.
The NSE Nifty declined 126.80 points, or 0.52%, to 24,207.75.
Profit-taking pressured IT, FMCG, auto and consumer-durable stocks.
Infosys, Bharti Airtel, Reliance Industries and Tech Mahindra were among the major laggards.
Brent crude fell 2.96% to USD 85.96 per barrel, while FIIs bought Rs 1,593.53 crore of equities on Tuesday.
- Who
- Indian equity-market investors and companies listed on the BSE and NSE.
- What
- The Sensex and Nifty declined as profit-taking weighed on several major sectors.
- When
- Wednesday; foreign institutional investor purchases cited in the report occurred on Tuesday.
- Where
- Indian equity markets.
- Why
- Profit-taking in IT, FMCG, auto and consumer-durable stocks outweighed support from lower crude prices and positive global markets.
- Sensex close
- 77,472.94, down 183.15 points or 0.24%
- Nifty close
- 24,207.75, down 126.80 points or 0.52%
- Brent crude
- USD 85.96 per barrel, down 2.96%
- Major weak sectors
- IT, FMCG, auto and consumer durables
- Major laggards
- Infosys, Bharti Airtel, Larsen & Toubro, Power Grid, Tech Mahindra, NTPC, Mahindra & Mahindra and Reliance Industries
- Stocks among the gainers
- Kotak Mahindra Bank, UltraTech Cement, Axis Bank and Tata Steel
- FII activity
- Foreign institutional investors bought equities worth Rs 1,593.53 crore on Tuesday