Thursday, 12 November 2026 IPO data updated 13 minutes ago

Sensex Falls ~300 Points, Nifty Slips Below 23,950 as Fading Ceasefire Hopes & Rising Oil Weigh on Markets

Sensex Falls ~300 Points, Nifty Slips Below 23,950 as Fading Ceasefire Hopes & Rising Oil Weigh on Markets

The Indian stock market witnessed a sell-off today, with the Sensex falling around 300 points and the Nifty dipping below 23,950, as investor optimism from the recent US-Iran ceasefire faded.

Here’s why the markets turned negative:

  • Ceasefire hopes between the US and Iran weakened, reducing risk appetite.
  • Oil prices spiked, pushing crude above key levels and raising cost concerns.
  • Global markets were also trading lower, signaling broader bearish sentiment.
  • Foreign Institutional Investors (FIIs continued selling), adding downward pressure.
  • The Indian rupee weakened, further dampening sentiment.
  • Profit-booking after recent gains contributed to the decline.

Overall, markets corrected after a strong rally earlier this week, as global geopolitical uncertainty and rising commodity prices spooked investors.

Do you think this market correction is a buy-the-dip opportunity or a sign of further downside ahead?

This news is for information only and is not investment advice. Please do your own research before making investment decisions.