Sensex and Nifty 50 closed lower on Friday amid broad sector selling, higher crude prices and weak global cues. The Nifty 50 closed at 22,600, down 87.65 points or 0.39%, and the Sensex settled at 73,123.83, down 125.56 points or 0.17%. Geojit's Vinod Nair pointed to sharper declines in mid- and small-caps, valuation concerns and unwinding of leveraged positions, and said a rise in India VIX suggested near-term volatility could persist. Brent crude gained 1% to USD 114.31 per barrel, and Brickwork Ratings' Rajeev Sharan said the rupee faced pressure from oil import costs, weakening toward 95.15 per dollar. Gold fell 0.31% to Rs 1,42,871 per 10 grams.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on calcuttanews.net ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 763.96 |
| Change that session | -1.18% |
VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Crude oil above $100 , US election uncertainty : Will global factors keep Sensex , Nifty 50 under pressure ? Experts decode
Indian stock markets face a challenging global backdrop as crude oil trades above $100 per barrel and uncertainty builds ahead of the 3 November US midterm elections. The Sensex and Nifty 50 have recovered in October, with the Sensex up 770 to 1,200 points to around 73,250–73,700 and the Nifty 50 up about 50 to 190 points to 22,670–22,810, though sustained FII selling and rising global bond yields have capped gains. JM Financial says the elections could be a decisive catalyst for breaking the US-Iran deadlock and could moderate Brent towards $80 per barrel over the medium term if Strait of Hormuz flows normalise, though prices may stay supported over the next 12 months. SMC Global's Seema Srivastava warns that expensive crude could widen India's current account deficit, weaken the rupee, add to inflation, limit RBI rate cuts and squeeze margins in sectors such as paints, aviation and autos. She expects pressure to persist until oil prices ease and geopolitical uncertainty subsides.
- Sensex , Nifty extend losses as crude surges to USD 114 , all sectors close in red
The NIFTY 50 closed at 22,600, down 87.65 points or 0.39%, while the BSE SENSEX settled at 73,123.83, down 125.56 points or 0.17%. Vinod Nair of Geojit Investments said the sharp drop in mid- and small-caps relative to the Nifty was a key concern, alongside valuation worries, unwinding of leveraged positions, surging crude and weak global cues. Almost all NSE sectoral indices closed lower, led by Nifty Metal (-2.98%), while Brent crude rose 1% to USD 114.31 a barrel amid Middle East tensions. The rupee traded in a narrow band before weakening toward 95.15 per dollar, and gold and silver also fell (0.31% and 1.84%). Nair said the rise in India VIX suggested near-term volatility could persist.
- Sensex falls 143 Points , Nifty slips 0 . 34 % as crude above USD 110 fuels inflation concerns
Indian stock markets closed lower on Wednesday after giving up early gains, as rising crude prices stoked worries about imported inflation, corporate margins and the rupee. The Nifty 50 closed at 22,811.35, down 77.60 points or 0.34 percent, while the BSE Sensex fell 143.21 points or 0.19 percent to 73,709.69. The Nifty IT index was the only major sectoral index to end higher, up 2.52 percent, while the Nifty Auto and Metal indices fell 1.99 and 1.97 percent. Brent crude rose 1.31 percent to USD 110.15 per barrel, while 24-karat gold fell 0.49 percent to Rs 1,45,803 per 10 grams. Most major Asian markets closed higher, with Hang Seng the only index among those listed to decline, down 0.95 percent.
- Gold And Silver Prices Fall In Delhi As Rupee Appreciation And Elevated Crude Oil Weigh On Bullion
Gold of 99.9% purity fell Rs 1,300 to Rs 149,000 per 10 grams in Delhi on October 21, 2026, while silver dropped Rs 1,600 to Rs 213,400 per kilogram, according to the All India Sarafa Association. The rupee rose 48 paise to 94.43 per US dollar on RBI intervention, and elevated crude oil prices weighed on bullion as hopes of an Iran peace deal faded. Spot gold was flat at $4,127.68 per ounce, while silver fell 0.48% to $57.72 per ounce.
- Sensex falls 143 points, Nifty slips 0.34% as crude above USD 110 fuels inflation concerns
The NIFTY 50 closed at 22,811.35, down 77.60 points or 0.34%, while the BSE Sensex fell 143.21 points (0.19%) to 73,709.69, giving up early-session gains. Brent crude rose 1.31% to USD 110.15 per barrel, raising concerns over imported inflation, corporate margins and the rupee, which strengthened to 94.71 per US dollar. Continued foreign institutional selling weighed on sentiment. The Nifty IT index was the only major sectoral gainer, up 2.52%, while Nifty Auto fell 1.99% and Nifty Metal 1.97%. Most Asian markets closed higher, with Hang Seng down 0.95%, and gold and silver declined 0.49% and 1.15% respectively at the time of reporting.
- Sensex falls 143 Points , Nifty slips 0 . 34 % as crude above USD 110 fuels inflation concerns
Indian stock markets closed lower on Wednesday after erasing early gains, as Brent crude rose 1.31% to $110.15 per barrel, raising concerns over imported inflation, corporate margins and the rupee. The Nifty 50 closed at 22,811.35, down 77.60 points (0.34%), while the Sensex fell 143.21 points (0.19%) to 73,709.69. The Nifty IT index was the only major sectoral gainer, up 2.52%, while the Nifty Auto and Nifty Metal indices fell 1.99% and 1.97%. Gold for 24-karat fell 0.49% to Rs 145,803 per 10 grams and silver dropped 1.15%. Most major Asian markets closed higher, with Japan's Nikkei 225 up 0.98% and South Korea's KOSPI up 3.19%, while Hong Kong's Hang Seng fell 0.95%.
Related markets
Latest news
- SpaceX Could Weather a Recession. But Its Stock Might Not. Here's Why.
SpaceX (SPCX) is well positioned in a downturn, with Starlink generating recurring subscription revenue and growing rapidly. In the third quarter, revenue rose 161% year over year to $14.6 billion and net income reached $4.4 billion. Connectivity revenue grew 69% to $5.2 billion and Starlink subscribers reached 13.6 million, but average monthly revenue per subscriber fell from $83 to $69. Capex was $19.6 billion in the quarter, including $16.4 billion on AI infrastructure, more than its connectivity revenue, and the company ended the quarter with $90 billion in cash and securities. The article warns the business could keep growing while the stock falls, given a price-to-sales ratio of 64.
- This Overlooked Pipeline Stock Could Be a Generational Wealth Builder for Patient Investors
Hess Midstream (HESM) has fallen about 20% over the past month after Chevron said it would sell its stake in the company. The drop followed an agreement to accept lower fees from Chevron in the Bakken Shale from 2027 through 2033, which led to lower 2026 EBITDA guidance and a tepid 2027 outlook. The article argues the decline may be too far, too fast, noting that integrated oil companies often divest midstream assets and that Chevron extended its use of Hess Midstream infrastructure to 2045. The transfer of Denver-Julesburg Basin energy storage assets also broadens the company's footprint. With shares yielding 10% and Chevron's stake transfer set to cut the share count by 40%, the author sees long-term positives and a possible near-term dividend increase.
- Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs
Audi CEO Gernot Dollner defended the carmaker's plan for a $4 billion plant in Georgia, its first in the U.S., which President Donald Trump announced at a Georgia rally on Saturday. Dollner said the move aims to grow sales and reduce exposure to U.S. tariffs, and that it does not take work away from Germany, which remains the backbone of the brand. The site followed more than 70 locations evaluated over many months and is expected to begin production of the Q7, Q8 and Q9 in the early 2030s, with capacity of up to 200,000 vehicles a year, roughly half to be exported. The announcement comes as parent Volkswagen plans to cut 50,000 jobs and close four German plants, including an Audi facility, between 2031 and 2034. U.S. tariffs cost Audi 1.2 billion euros ($1.4 billion) last year, and tariffs on German vehicles are now 15%, down from 25%.
- Wells Fargo, Cisco, Intuit Among 6 More Companies Objecting to Tokenized Stocks
Six more companies, including Wells Fargo, Cisco, Marvell, Arm Holdings, Moderna and Intuit, have objected to trading their shares on the OKXICE TSV tokenized stock venue, bringing the total to 22, up from nine on October 15. The notices do not give reasons or explain what an objection does. The venue, a 50-50 joint venture of Intercontinental Exchange and OKX's U.S. holding company, plans 24/7 trading of tokenized U.S. stocks on OKX's XLayer blockchain, paired with stablecoins like USDC, under the SEC's innovation exemption. Its updated notice also flags risks, including no circuit breakers beyond trading halts, no policies on maximal extractable value, and smart contract upgrades without advance notice to users.
- Wells Fargo, Cisco, Intuit Among 6 More Companies Objecting to Tokenized Stocks
Six more companies, including Wells Fargo, Cisco, Marvell, Arm, Moderna and Intuit, have objected to trading their shares on OKXICE TSV, according to an Oct. 23 notice, bringing the total to 22, up from 16 on Oct. 19 and nine on Oct. 15. The notices do not explain the companies' reasons or the effect of an objection. The venue, a 50-50 joint venture of Intercontinental Exchange and OKX's U.S. holding company, plans to let approved users trade tokenized U.S. stocks 24/7, paired with stablecoins such as USDC, under the SEC's innovation exemption. The latest notice also flags risks, including no circuit breakers beyond trading halts, no policies on maximal extractable value, unsettled questions for broker-dealers on trade reporting and best execution, and smart contracts that can be upgraded without advance notice. Nasdaq has said it will opt its shares out of the exemption.
- Does enough capital exist to finance everyone's ambitious AI spending plans?
Meta said recent capital raises by peers such as Alphabet and SpaceX, plus expected fundraising by Anthropic and OpenAI, have created an 'increasingly challenging' fundraising environment, raising doubts over whether enough capital exists for AI spending. Meta's revenue rose 26% to $64.6 billion, though free cash flow was negative $2.1 billion, and it raised the low end of its 2026 capex forecast to $135 billion to $145 billion. Broadcom's Hock Tan and BlackRock's Larry Fink voiced similar concerns as AI-linked stocks led a Nasdaq selloff of 2.6%, with Nvidia down 4.4% and CoreWeave down 10.1%. Yardeni Research said money moved to other parts of the market, as the equal-weighted S&P 500 rose 0.7% while the cap-weighted version fell 1.2%, and Treasury yields dropped. Amazon, Alphabet, Meta, Microsoft and Oracle are projected to spend almost $780 billion in 2026 and more than $1 trillion a year from 2027 through 2030.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.