Indian Stock Market Extends Losing Streak Amid Crude Oil Price Surge

The Indian stock market continued its decline for the seventh consecutive session, reaching its longest losing streak since September 2025. The Nifty ended at 24,078, down 77 points or 0.3 per cent, while the Sensex settled at 76,910, down 326 points or 0.4 per cent.

The drop was largely driven by rising crude oil prices and global bond yields, which are fueling risk-off sentiment. Brent crude spot hovered near $89.98 per barrel, up roughly 10 per cent over the last eight sessions.

Three index heavyweights, HDFC Bank, ITC, and HUL, fell more than 1 per cent each intraday amid weak global sentiment. However, HDFC Bank pared losses to close lower by less than 1 per cent following buying at lower levels.