BSE Sensex ends 1.44 percent lower as RBI and oil weigh
Published on 10/08/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BSE Sensex closed at 71,593.24 points on October 8, 2026, down 1.44 percent, as a tighter Reserve Bank of India policy stance, higher crude prices and foreign outflows intensified selling across sectors, News18 reported.
The index opened at 72,668.00 points, reached an intraday high of 72,693.97 and fell to 71,327.75 before the close. The decline extended the previous session's 0.59 percent loss and left the benchmark 1,045.46 points lower for the day, according to IANS.
RBI stance and oil pressure the market
The sell-off followed the RBI's 25-basis-point repo-rate increase to 5.50 percent and its shift from a neutral stance to calibrated tightening. Rising crude prices, foreign fund selling, rupee weakness and a difficult global interest-rate backdrop added pressure, The Economic Times reported.
Metal, realty and auto stocks led sector losses during the broad-based decline. Oil prices rose above USD 102 per barrel as concerns about supply disruptions in the Middle East intensified, adding to inflation concerns for India, according to Reuters.
What comes next
Tata Consultancy Services was scheduled to release its September-quarter results after market hours on October 8, 2026, opening the next major earnings test for Indian equities. CNBC-TV18 said investors would focus on revenue growth, margins, deal wins and the company's dividend decision ahead of the October 9, 2026 session.
