Sensex and Nifty open flat as crude oil prices weigh on sentiment

India's benchmark indices Sensex and Nifty opened flat on March 17, 2026, as higher crude oil prices weighed on investor sentiment. As of 9:42 am, the S&P BSE Sensex gained 63.36 points to 75,566.21, while the NSE Nifty50 added 21.90 points to 23,430.70.

Higher crude oil prices dampened sentiment, leading to a flat open for Indian equities on March 17, 2026. Per India Today, IT stocks declined amid broader caution, with the market reflecting global oil pressures in early trading at the BSE and NSE.

Makala yanayohusiana

Indian stock markets fell sharply for a fifth straight session on Friday. The Sensex dropped 332 points while the Nifty ended below 23,800. Oil prices above $100 per barrel and foreign institutional investor selling contributed to the decline.

Imeripotiwa na AI

Indian equities are poised for a fifth straight session of losses as GIFT Nifty signals a weak start. Investor sentiment has turned fragile following a sharp rise in Brent crude prices.

Dalal Street saw a notable decline with the Indian rupee hitting a record low for the second consecutive day. Key equity indices posted their largest single-day drop in six weeks.

Imeripotiwa na AI

The Nifty index achieved a strong breakout above the 23,500 level, leading technical analysts to become more optimistic about further advances.

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