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Stock Markets Decline Amid Relentless Foreign Fund Outflows; Crude Prices Offer Cushion
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News18•01-10-2026, 10:15
Stock Markets Decline Amid Relentless Foreign Fund Outflows; Crude Prices Offer Cushion
- •Indian benchmark indices Sensex and Nifty saw declines in early trade due to continuous foreign fund outflows.
- •The 30-share BSE Sensex dropped 215 points, while the 50-share NSE Nifty was down 107.25 points.
- •Major laggards included Mahindra & Mahindra, Maruti, UltraTech Cement, Bharat Electronics, Eternal, and Asian Paints.
- •Foreign Institutional Investors (FIIs) offloaded equities worth Rs 10,148.41 crore on Wednesday, intensifying selling pressure.
- •Cooling Brent crude oil prices, trading below USD 100 per barrel, helped cushion the market's fall.
Key Questions Answered
The market benchmark indices drifted lower due to relentless foreign fund outflows that weighed heavily on investor sentiment, though cooling crude oil prices cushioned the overall fall.
Foreign Institutional Investors offloaded equities worth Rs 10,148.41 crore on Wednesday, following intense sustained selling over previous trading sessions.
Brent crude, the global oil benchmark, traded 0.92 per cent lower at USD 97.13 per barrel, easing below the USD 100 mark and offering some relief to the market.
