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The Hindu
Sensex, Nifty extend losses for fifth straight day on U.S. trade tariffs, West Asia tensions
Both the Sensex and Nifty recorded losses for the fifth consecutive day, driven by rising oil prices and geopolitical instability in West Asia. The market sentiment was adversely affected by new U.S. trade tariffs. The 30-share BSE Sensex fell by 331.62 points, while the 50-share NSE Nifty decreased by 102.15 points. Investor caution is pronounced with significant selling from foreign institutional investors and a general risk-off mood in Asian markets.
MonitorConfidence: HighShort term horizonGeopolitical risk: High
Published 24 Jul 2026, 11:35 UTC2 min read
Visit original article ↗Lead image — The Hindu
Summary
TL;DR
- Sensex fell 331.62 points, closing at 76,059.77.
- Nifty declined by 102.15 points to end at 23,767.45.
- Infosys lowered its full-year revenue forecast amid uncertainties.
- Foreign Institutional Investors sold equities worth ₹2,999.23 crore.
- Brent crude oil prices dropped by 3.66% to $96.98 per barrel.
Interesting facts
- Weakness in Asian markets reinforced risk-off sentiment.
- Brent crude oil prices recently surpassed $100 before the drop.
- Investor focus shifting towards emerging market opportunities.