Commodities
Indian Markets Stagnate Amid Crude Oil Price Spikes
Indian stock markets remained flat on August 10, 2026, as rising crude oil prices due to Middle East tensions weighed on investor sentiment.
The Sensex and Nifty indices barely moved, with the BSE Sensex closing at 78,542.44, up 43.27 points or 0.06%, while the NSE Nifty 50 added 13.15 points or 0.05% to settle at 24,583.80.
The rupee also weakened against the US dollar, closing at 95.26, as investors monitor the trend closely due to higher oil prices' impact on India's import bill and inflation.
Despite some support from select heavyweights like Titan, Bajaj Finance, and Infosys, selling pressure in companies such as State Bank of India, Reliance, and NTPC limited the upside for the broader market.