Sensex declines by 561 points on surging oil, West Asia flare-up; banks, auto shares major drag
Indian stock markets experienced a significant decline as rising crude oil prices and geopolitical tensions in West Asia impacted investor sentiment. The rupee also weakened against the dollar, contributing to concerns over imported inflation and corporate earnings.
Why it matters
Market volatility in India reflects the country's sensitivity to global energy prices and geopolitical instability in the Middle East.
Stock market benchmark indices Sensex and Nifty tumbled on Tuesday (July 14, 2026) as a sharp surge in crude oil prices due to the renewed flare-up in West Asia dented investors' sentiment.
After three days of gains, the 30-share BSE Sensex dropped 561.46 points, or 0.72%, to settle at 77,054.94. During the day, it tumbled 614.92 points, or 0.79%, to 77,001.48.
The 50-share NSE Nifty dropped 158.95 points, or 0.66%, to end at 24,052.05.
Fresh foreign fund outflows and the rupee falling below 96 mark against the U.S. dollar also hit the sentiment, analysts said.
From the Sensex pack, HCL Tech declined the most by 4.42%. Bajaj Finserv, InterGlobe Aviation, State Bank of India, Mahindra & Mahindra, and Larsen & Toubro were also among the major laggards.
Bharti Airtel, Tata Consultancy Services, Sun Pharma, Tata Steel, Adani Ports and Eternal were the winners.
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