Indian Stock Market Falls Amid Crude Price Surge and US-Iran Tensions
The Indian stock market opened lower on Tuesday, August 18, 2026, as rising crude oil prices and US-Iran tensions weighed on investor sentiment.
The Nifty 50 fell to 24,177.20 by 11:30 AM, down 110.45 points from the previous day's close, while the Sensex dropped 262.46 points or 0.34%.
Rising crude oil prices, particularly above $90 a barrel for Brent crude and $85 for WTI, are a major concern for India as the country imports a significant portion of its crude oil requirements.