empty
 
 

23.07.202604:25:09UTC+00Sensex Set for 4th Day of Losses

India’s BSE Sensex opened about 0.4% lower at 76,429 on Thursday, extending losses into a fourth consecutive session as Brent crude surged past $95 a barrel. The latest upmove in oil followed fresh US strikes on Iran and renewed Houthi attacks on oil tankers in the Red Sea, eroding risk appetite and stoking concerns over inflation and pressure on corporate margins and earnings.

Sentiment was also shaped by a heavy earnings docket. IndusInd Bank was in focus after reporting a quarterly profit that beat expectations, though the stock still came under selling pressure. Dr. Reddy’s Laboratories weakened after issuing a supply warning and missing profit forecasts, while Hindustan Petroleum posted its first quarterly loss since 2022 as elevated crude prices compressed refining margins.

Investors are now awaiting results from Cipla, Infosys, and InterGlobe Aviation later in the day for additional signals on corporate performance and the broader market direction.

Among notable movers, IndusInd Bank (-5.6%), Adani Green (-4.6%), Data Patterns (-3.1%), Dr. Reddy’s Laboratories (-2.9%), and HFCL (-2.2%) traded lower.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback