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Commodities

Indian Stock Market Plunges for Sixth Day Amid Crude Oil Price Spike

Guavy AI Editorial Team
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Oil
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The Indian stock market declined on Tuesday (August 18, 2026), with the Sensex falling 493 points to 77,235.46 and the Nifty dropping to 24,154.90.

The decline was attributed to elevated crude oil prices and fading hopes of a diplomatic breakthrough in West Asia, which weighed heavily on investors' sentiment.

Among the losers were Asian Paints, Infosys, HCL Tech, Bharti Airtel, Tata Consultancy Services, and Hindustan Unilever, while Axis Bank, Power Grid, Mahindra & Mahindra, and Bajaj Finance were among the gainers.

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