Sensex, Nifty tumble nearly 2% as crude oil surges amid growing tensions in West Asia
The Hindu
Sensex and Nifty fall nearly 2% as crude oil prices rise amid West Asia tensions and sustained foreign fund outflows.
Stock market benchmark indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday (March 11, 2026) after a day’s breather following a spike in crude oil prices amid growing tensions in West Asia.
Besides, sustained foreign fund outflows and selling in blue-chip bank stocks also drove the markets lower.
Also read: West Asia war updates on March 11, 2026
The 30-share BSE Sensex tumbled 1,342.27 points or 1.72%, to settle at 76,863.71. During the day, it dropped 1,446.72 points or 1.84%, to 76,759.26.
The 50-share NSE Nifty tanked 394.75 points or 1.63%, to end at 23,866.85.
From the 30-Sensex firms, Bajaj Finance, Axis Bank, Bajaj Finserv, Mahindra & Mahindra, Maruti, Trent, Bharti Airtel and Kotak Mahindra Bank were among the major laggards.
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