India BusinessLiveStock market today: Sensex, Nifty open nearly flat as crude, global yields weigh

Indian equities remain under pressure as investors navigate a difficult combination of elevated crude oil costs, rising global bond yields and renewed uncertainty surrounding the US-Iran conflict.

The Sensex and Nifty have already endured a prolonged losing streak, with the Nifty falling for six consecutive sessions through Tuesday. While the Sensex declined 492.70 points, or 0.63 per cent, to 77,235.46.

The latest pressure is coming largely from global developments, the index lost 132.75 points, or 0.55 per cent, to settle at 24,154.90. Brent crude has climbed towards $92 a barrel as hopes of a diplomatic breakthrough between the US and Iran fade. Washington and Tehran continue to send conflicting messages over the Strait of Hormuz, a critical route for global energy shipments. Any prolonged disruption could push energy prices higher and add to inflationary pressures.

Rising bond yields are another concern. While long-term borrowing costs have also risen in major economies including Germany and Japan, the US 30-year Treasury yield has reached its highest level since 2007. Higher US yields can reduce the appeal of emerging-market assets and make it harder for Indian equities to attract foreign capital.

Foreign institutional investors have already sold a record $25 billion worth of Indian shares so far in 2026. However, provisional exchange data demonstrated that foreign investors bought Indian equities worth Rs 1,652 crore on Tuesday, potentially marking their second buying session in six days.

The rupee is facing similar pressures, with traders expecting it to open around 95.75-95.80 against the US dollar. Although RBI intervention has helped contain volatility.

Investors will additionally have several domestic and global triggers to watch, high crude prices, elevated US yields and robust dollar demand are keeping the currency under pressure. While market participants will continue tracking crude prices, global equity markets and developments in West Asia.

On the stock-specific front, Aster DM Quality Care, RailTel and Shiprocket are among the key names in focus, minutes of the US Federal Reserve’s July meeting are due afterwards in the day. Centella Mauritius Holdings is reportedly looking to sell a 7.2 per cent stake in Aster DM Quality Care, RailTel has received a Rs 167-crore order from EPFO, and Shiprocket is due to make its market debut after its $170-million IPO.

This live blog will track the market from pre-open indications through the trading session, covering Sensex and Nifty movements, sectoral trends, top gainers and losers, stock-specific developments, crude oil, the rupee, FII flows and key global cues.