Benchmark indices slip 2% as crude oil prices remain high

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Old operation   of Share marketplace  Bombay Stock Exchange Building.

Old operation of Share marketplace Bombay Stock Exchange Building. | Photo Credit: Mikhail Davidovich

Benchmark indices dipped 2% owed to a sustained summation successful crude lipid prices connected Friday (March 14, 2026). Both Nifty and Sensex declined astir 2% to adjacent astatine 23,151.10 and 74,563.92, respectively.

Nifty opened astatine 23,462.50 and touched 23,492.40 earlier slipping to 23,112.00 and settling astatine the day’s close. The diminution was broad-based, with each sectoral indices falling arsenic overmuch arsenic 4.8%.

Nifty Metal and Nifty PSU declined the astir with 4.8% and 3.7%. Aside from the summation successful crude prices, the autumn successful indices was besides triggered by the rupee hitting a caller debased of 92.3 against the U.S. dollar and overseas organization investors (FII) selling ₹52,704 crore worthy of equities successful a day. As of Friday (March 14, 2026), this was the highest selling by FIIs successful a time since January 2025, erstwhile the full-month sell-off was ₹78,027 crore.

“Market volatility is expected to persist successful the adjacent word arsenic geopolitical tensions successful West Asia continue to disrupt the vigor assemblage and propulsion crude lipid prices higher, portion uncertainty astir shipping routes done the Strait of Hormuz keeps hazard sentiment fragile,” said Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.

He further said that the marketplace absorption was apt to stay delicate to developments successful West Asia, movements successful crude lipid prices, and the inclination successful overseas money flows.

Published - March 14, 2026 07:04 americium IST

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