Markets sink to April lows at noon; crude surge, FII selling batter sentiment across sectors
FIIs continued their selling trend, offloading equities worth ₹3,694 crore in the previous session, while DIIs purchased approximately ₹2,838 crore
Markets in India continued their downward trend on Monday, trading at their lowest levels since early April 2026. At noon, the Sensex fell 1.29 per cent to 72,942.37, while the Nifty 50 dropped 1.30 per cent to 22,839.05. Crude oil prices played a significant role in the market decline, with WTI crude near $94 a barrel and Brent above $105.
Precious metals and domestic stocks also suffered, with COMEX Gold falling 2.13 per cent to $4,230 and MCX Gold down 1.80 per cent to ₹148,000. FIIs continued their selling trend, offloading equities worth ₹3,694 crore, while DIIs bought around ₹2,838 crore. Analysts anticipate further volatility based on developments in the Strait of Hormuz, U.S. Treasury yields, and FII activity.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Markets open lower as crude surge, FII selling and geopolitical jitters weigh on sentiment thehindubusinessline.com
