Domestic markets open sharply lower
Indian equities opened sharply lower today, with benchmark indices falling 1 per cent each amid escalating tensions in West Asia, rising crude oil prices and weak global cues. Sensex opened at 73 thousand 422, down over 800 points or 1.11 per cent, while Nifty began the session at 23 thousand 81, declining 286 points or 1.22 per cent at the early trade today.
Sector-wise, selling pressure was seen across realty, metal, auto and information technology stocks, which witnessed the sharpest declines. Realty stocks fell nearly 2 per cent, while metal, auto and IT indices lost over 1 per cent each.
Weakness extended beyond frontline indices, with broader market indices under pressure as Nifty Midcap 100, Midcap 150 and Smallcap indices declined close to 1 per cent each.
Meanwhile, crude oil prices traded higher, with international benchmark Brent crude rising 4 per cent to 96.90 US dollar. US WTI gained 4.64 per cent to 94.75 US dollar. Asian markets largely traded in the negative territory, with Japan’s Nikkei falling nearly 4 per cent, South Korea’s KOSPI plunging 5 per cent, and Hong Kong’s Hang Seng declining about 1 per cent.
Reviewed by SBR
on
June 08, 2026
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