BusinessSensex Falls 1,045 Points on Oil Price Spike and Monetary Tightening Fears
On October 8, 2026, the BSE Sensex dropped 1,045.46 points (1.44%) to close at 71,593.24 amid a sharp rise in crude oil prices and concerns over tighter monetary policies globally and domestically. The NSE Nifty also fell 371.25 points (1.64%) to 22,231.80, hitting a 52-week low during the day. Major laggards included ITC, InterGlobe Aviation, Power Grid, Bharat Electronics, Adani Ports, and NTPC, while Tech Mahindra, Axis Bank, and Infosys gained. Brent crude rose 4.25% to $104 per barrel.
Hindu Business··Mumbai


