Stock markets end marginally higher on spike in crude oil prices
Indian stock markets closed slightly higher on Monday as gains in IT and consumer stocks balanced losses in the banking sector. Market sentiment remains cautious due to rising crude oil prices and geopolitical tensions in the Middle East.
Why it matters
Fluctuations in oil prices and geopolitical instability directly impact emerging market economies and investor risk appetite.
Market benchmark indices ended marginally higher on Monday (August 10, 2026), with the Sensex climbing over 43 points and the Nifty ending flat, amid a spike in crude oil prices due to geopolitical uncertainties.
The 30-share BSE Sensex was up 43.27 points, or 0.06%, to settle at 78,542.44. During the day, it hit a high of 78,676.98 and a low of 78,298.92, gyrating 378.06 points.
The 50-share NSE Nifty went up marginally by 13.15 points, or 0.05%, to end at 24,583.80.
From the Sensex pack, Titan, Bajaj Finance, Bajaj Finserv, Tata Steel, Asian Paints, and Infosys were among the major winners.
State Bank of India, Eternal, NTPC, ITC, and Tata Consultancy Services were among the laggards.
Brent crude, the global oil benchmark, jumped 1.10% to $84.47 per barrel.
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