Indian Stock Market Extends Losing Streak: Sensex Falls 364 Points, Nifty Ends Below 23,900

Indian Stock Market Extends Losing Streak: Sensex Falls 364 Points, Nifty Ends Below 23,900

Indian benchmark equity indices ended lower for the fourth consecutive trading session as rising crude oil prices, persistent foreign institutional investor (FII) selling, and heightened geopolitical tensions in the Middle East continued to dampen investor sentiment.

The **BSE Sensex** opened at **76,515.10** and closed **363.66 points lower at 76,391.39**. Meanwhile, the **NSE Nifty 50** declined **126.65 points** to settle at **23,869.60**, extending its recent losing streak.

Among the top losers on the Nifty 50 were **Adani Enterprises, Nestlé India, and Shriram Finance**. On the Sensex, stocks including **Eternal, Hindustan Unilever, Bajaj Finserv, Sun Pharma, ITC, Kotak Mahindra Bank, TCS, HCL Technologies, Mahindra & Mahindra, Tech Mahindra, Power Grid Corporation, and Infosys** ended the session with gains.

Sector-wise, **Nifty Auto** and **Nifty Media** were the only indices to close in positive territory, while **Real Estate, Metals, Oil & Gas**, and several other sectoral indices ended with losses.

Market sentiment remained under pressure as geopolitical tensions between **Iran and the United States** pushed **Brent crude oil prices** to around **USD 98 per barrel**, raising concerns about inflation and higher import costs for India.

In the currency market, the **Indian rupee** traded at **₹96.57 against the US dollar**.

According to provisional market data, **Foreign Institutional Investors (FIIs)** sold equities worth **₹819.20 crore** during Wednesday's trading session, adding to the negative market sentiment.

Market experts believe that escalating geopolitical uncertainty, rising global crude oil prices, and sustained foreign capital outflows are the key factors driving the continued weakness in Indian equity markets.