October 12, 2026 4:18 PM
Stock markets tumble on oil price spike, foreign fund outflows; Sensex drops
Benchmark stock index Sensex dropped by nearly 548 points on Monday as a fresh spike in crude oil prices, unabated foreign fund outflows and rising bond yields dented investors' sentiment. Erasing opening gains, the 30-share BSE Sensex tanked 547.65 points, or 0.76 per cent, to settle at 71,924.68. During the day, it slumped 796.23 points, or 1 per cent, to 71,676.10. The 50-share NSE Nifty dropped 157.10 points, or 0.70 per cent, to end at 22,363.35. From the 30 Sensex firms, ITC, Tech Mahin...