Sensex Plummets 730 Points Amid Rising Oil Prices and Global Tensions
The Indian equity market experienced a significant downturn on September 28, 2026, as the Sensex plummeted by 730 points to 73,170.12 in early trade.
This decline was attributed to surging crude oil prices, geopolitical uncertainties, and a weak trend in Asian markets.
The Brent crude benchmark traded 2.27% higher at $106.7 per barrel, which weighed heavily on investor sentiment.
Ponmudi R., CEO of Enrich Money, stated that renewed geopolitical uncertainty and a rebound in crude oil prices are likely to remain cautious factors for the Indian equity market.