Indian Stock Market Declines as Geopolitical Uncertainty Boosts Crude Oil Prices
The Indian stock market opened lower on August 11, 2026, as rising crude oil prices weighed on investor sentiment.
The benchmark indices Sensex and Nifty declined in early trade, with the Sensex falling by 320.14 points to 78,204.40.
Brent crude traded marginally lower at $87.61 per barrel.
Ponmudi R, CEO of Enrich Money, said that renewed geopolitical uncertainty has triggered a rebound in crude oil prices, contributing to a weaker close on Wall Street and a subdued start across Asian markets.