Markets Open Lower as Brent Crude Nears $80
Indian markets opened lower as Brent crude approached $80 amid escalating geopolitical tensions in West Asia.
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“Markets Open Lower as Brent Crude Nears $80”
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13 Jul 2026
Mumbai, July 13 (IANS) Indian equity markets opened lower on Monday as crude oil prices rebounded to near the $80-per-barrel mark amid renewed geopolitical tensions.
Sensex began the session at 76,963.35, down over 600 points or 0.78 per cent, while Nifty started at 24,039.40, declining 167.50 points or 0.69 per cent.
Sector-wise, most indices traded in the red, led by Nifty Auto and Nifty Metal, which fell up to 1 per cent. Nifty Consumer Durables, Nifty PSU Bank and Nifty Private Bank also witnessed selling pressure, while Nifty IT and Nifty Pharma bucked the trend, gaining up to 0.6 per cent.
