Sensex falls for fourth straight session
India’s BSE Sensex closed about 0.4% lower at 76,909.7 on Wednesday, its lowest since July 28, as elevated oil prices, global bond yields and foreign outflows kept sentiment cautious.
India’s BSE Sensex closed about 0.4% down at 76,909.7 on Wednesday, the lowest since July 28, marking the fourth straight session of losses.
Sentiment remained cautious amid elevated oil prices and global bond yields, while traders braced for the release of FOMC minutes due later in the day.
Continued foreign outflows also weighed.
Among individual stocks, Power Grid Corporation (-2%), Bajaj Finance (-1.3%), Larsen & Toubro (-1.3%), ITC (-1.2%) and Hindustan Unilever (-1%) posted the biggest losses.
On the other hand, HCL Technologies, Eternal, Kotak Mahindra Bank, Sun Pharmaceutical Industries and Titan were the notbale gainers.