The Nifty 50 closed at 22,888.95, down 1.11%, while the BSE Sensex fell 876.37 points (1.17%) to 73,852.90 as weakness in private banks, disappointing corporate earnings and rising crude prices weighed on sentiment. Almost all sectoral indices finished lower, with only the Nifty PSU Bank index gaining 2.41%, while Axis Bank was among the biggest Nifty 50 losers, falling more than 4%. Brent crude traded at USD 108.50 per barrel, keeping concerns over imported inflation in focus. The rupee firmed for a seventh straight session to hover near 94.95 per dollar, but the RBI's reserves fell by another USD 8.6 billion to USD 726 billion in the week ended October 9.
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VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Sensex sinks 876 points, Nifty falls 1.11% as crude oil nears USD 109
Indian stock markets closed sharply lower on Monday as weakness in private banks, disappointing corporate earnings and rising crude prices hit investor sentiment. The Nifty 50 fell 257.20 points (1.11%) to 22,888.95, and the BSE Sensex lost 876.37 points (1.17%) to 73,852.90. Almost all NSE sector indices closed in the red; only the Nifty PSU Bank index rose, gaining 2.41%, while Axis Bank fell more than 4% and SBI and Adani Ports were among the top gainers. PL Capital's Vikram Kasat said markets could stay volatile, with investors watching earnings, oil prices and currency stability. Brent crude traded at USD 108.50 a barrel, raising concerns over imported inflation, and Brickwork Ratings' Rajeev Sharan noted the rupee's seventh straight session of gains even as RBI reserves have fallen nearly USD 60 billion since early September.
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