BusinessPhoto: Hindu BusinessSensex Falls 548 Points Amid Oil Price Spike and FII Outflows
On October 12, 2026, the BSE Sensex dropped 547.65 points (0.76%) to close at 71,924.68, falling below 72,000. The decline was driven by selling in banking, FMCG, and IT sectors amid concerns over rate hikes, rising crude oil prices, and continued foreign institutional investor outflows. The NSE Nifty also fell 157.10 points (0.70%) to 22,363.35. Major losers included ITC, Tech Mahindra, Hindustan Unilever, and SBI, while Bharat Electronics and Mahindra & Mahindra gained.
Hindu Business··Mumbai




