Stock markets close lower amid elevated crude oil, rising inflation
Indian stock markets Sensex and Nifty closed lower on October 14, 2026, due to profit-taking and concerns over rising wholesale inflation. Despite some gains in the IT and utility sectors, broader market sentiment was dampened by high crude oil prices and cautious investor behavior.
Why it matters
The rise in wholesale inflation to 11.39% signals potential monetary policy tightening, which directly impacts investor confidence and economic growth projections in India.
Benchmark stock indices Sensex and Nifty closed lower on Wednesday (October 14, 2026) amid profit-taking after a sharp rally in the previous session, as a spike in wholesale price-based inflation and firm crude oil prices hit investor sentiment.
The 30-share BSE Sensex declined 251.89 points, or 0.34% to settle at 72,781.89. During the day, it hit a high of 73,195.26 and a low of 72,578.75.
The 50-share NSE Nifty dropped 99.25 points, or 0.44%, to end at 22,622.70.
From the 30 Sensex firms, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Eternal, ICICI Bank and InterGlobe Aviation were among the major laggards.
Infosys, Tech Mahindra, Tata Consultancy Services, Hindustan Unilever, NTPC and Reliance Industries were among the major gainers.
India's wholesale price-based inflation rose to 11.39% in September, compared to 9.92% in August, on rising prices of food, manufactured items, and fuel and power, government data showed on Wednesday (October 14).
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in