India BusinessLiveStock market today: BSE Sensex tumbles 200 points, NSE Nifty50 opens below 24,250
SUMMARYMarket sentiment is likely to remain influenced by the interplay between crude oil prices, equity performance, foreign institutional flows and currency movements. Developments in the Middle East and their potential impact on energy supplies could keep oil prices and their effect on Indian markets in focus. Rupee's movement against the US dollar will also remain…
Rupee’s movement against the US dollar will additionally remain important, with crude costs, domestic equities and dollar strength among the factors being tracked. While higher input and replenishment costs remain a consideration, investors could additionally monitor foreign institutional investor activity following recent equity outflows.
Corporate earnings may provide another area of focus, particularly as Q1FY27 results have shown stronger performance. Overseas, movements in Asian and US equities, bond yields and expectations around Federal Reserve policy are expected to influence market cues.
Together, these factors are anticipated to shape the direction of stock market in the days ahead. Track TOI’s coverage on BSE Sensex and Nifty50 to know which way stock markets are headed:
- Live Events
Rupee slips 7 paise to 95.68 against US dollar in early trade.
Indian equity markets are likely to open lower, with Gift Nifty trading around 24,295, down 80 points, signalling continued caution at the start of the session. The key overnight trigger is the renewed rise in crude oil, with Brent moving above $90 as the U.S.–Iran ceasefire expired and prospects for reopening the Strait of Hormuz weakened. While higher oil prices and bond yields could keep pressure on risk appetite.In the previous session on 17th August 2026, Nifty 50 closed at 24,287.65, down 78.35 points (-0.32%), after remaining under pressure during the first half, global equities remain mixed. The index recovered from its intraday low of 24,226.95, but the rebound lacked follow-through, keeping the daily structure in consolidation. While Realty and Metal outperformed and IT and FMCG remained weak.
Hitesh Tailor, Technical Research Analyst at Choice Broking Private Limited
, RSI near 49 reflects largely neutral momentum.
Asian equities came under pressure in early trading as rising oil prices and renewed inflation worries tempered the boost from strong corporate earnings.
Japan’s Nikkei 225 fell 1.6% to 68,098.54. Hong Kong’s Hang Seng declined 0.6% to 25,289.88, and the Shanghai Composite was down 0.5% at 3,963.53.
Australia’s S&P/ASX 200 was an exception, edging 0.2% higher to 9,088.60. Analysts said robust earnings from Asian businesses, following robust results in the US, were providing some support despite worries over the impact of the Iran war on crude supplies and energy prices.
Japan remains particularly vulnerable to higher oil costs as it imports almost all of its crude.
India’s foreign exchange reserves rose by $14.136 billion to $707.002 billion during the week ended August 7, according to data issued by the Reserve Bank. When the overall reserves stood at $692.866 billion.
The latest increase took the country’s forex reserves above the $707-billion mark, the increase followed a rise of $10.512 billion in the previous reporting week concluded July 31. The reserve data came against a backdrop of movement in the rupee and foreign currency markets. During the corresponding period covered by the market data, the rupee was under pressure from weak domestic equities and higher crude oil costs.
Separately, the RBI said its concessional swap facility for FCNR(B) deposits had attracted USD 56.84 billion till August 13.
Foreign institutional investors remained sellers of Indian equities, offloading shares worth Rs 2,535.10 crore on a net basis on Monday, according to exchange data. The selling came as domestic benchmark indices recorded their fifth consecutive session of losses, with the Nifty 50 falling 0.32 per cent and the Sensex declining 0.36 per cent.
Market commentary also pointed to elevated crude oil costs as a factor weighing on investor sentiment. While investors stayed cautious as the benchmark indices approached important technical levels.
The foreign institutional investor activity formed part of the broader market backdrop alongside movements in equities, crude oil and rupee.
, hariselvan Radhakrishnan, Founder and CEO of HST Wealth, said that equities remained vulnerable to sustained increases in energy costs.
Connect
The Perfect Trace
Loop The Loop
Puzzle Circuit
Daily Crossword
Special puzzle
Classic Matrix
Number Play
Mini Crossword
Lite Challenge
Related stories
The pushed river
Mushtaq Gaadi Published October 11, 2026 Updated October 11, 2026 08: 35am.
Rupee near 97 vs dollar, RBI unveils measures to curb speculation
George Mathew is an Associate Editor with The Indian Express, based in Mumbai.
Rawalpindi Ring Road to Get Vegetable, Grain, Livestock and Flower Markets
For context, the Punjab administration has approved an industrial zone along the Rawalpindi Ring Road, where authorities will develop vegetable, grain, livestock and flower…
Thailand prepares to host IMF-World Bank meetings
Attention has turned to thailand prepares to host IMF, a development that is being followed closely by readers who track the economy.