Markets Open Lower on Weak Global Cues, Oil Surge

Sensex drops over 500 points as weak global markets and rising crude oil prices weigh on investor sentiment.

IANS
IANS Verified Media or Organization • 30 Jun, 2026 Agency
Jul 20, 2026 • 10:54 AM  1  0
Last Edited By: Raaisha Upadhyay (18 hours ago)
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Markets Open Lower on Weak Global Cues, Oil Surge
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Markets Open Lower on Weak Global Cues, Oil Surge
Markets Open Lower on Weak Global Cues, Oil Surge

Mumbai, July 20 (IANS) Domestic equity markets opened lower on Monday, tracking weak global cues and spike in crude oil prices amid escalating tensions in the Middle East kept investors cautious. 

Sensex fell over 500 points or 0.7 per cent to an intraday low of 77,591 in early trade, while Nifty started the session 144 points or 0.6 per cent lower at 24,190.05.

Sectorally, selling pressure was concentrated in financial stocks, with Nifty Private Bank index dropping more than 2 per cent, followed by the Nifty Realty index, which slipped over 1 per cent.

IANS Verified Media or Organization • 30 Jun, 2026 Agency

Indo-Asian News Service or IANS is a private Indian news agency

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