August 12, 2026 5:06 PM
Stock markets decline for 2nd day amid rising crude oil prices; Tata Group stocks under pressure
Benchmark equity indices Sensex and Nifty ended lower for the second day on Wednesday as elevated crude oil prices and selling in Tata Group stocks after Tata Sons Chairman N Chandrasekaran said he will not seek reappointment when his current term ends on February 20, 2027, weighed on investors' sentiment. The 30-share BSE Sensex declined 187.90 points, or 0.24 per cent, to settle at 77,966.35. During the day, it tumbled 656.32 points, or 0.83 per cent, to 77,497.93. The 50-share NSE Nifty dip...