India’s benchmark Sensex fell 0.17% to 73,123.83 on Friday, its fourth straight daily decline.
The Nifty 50 lost 0.39% to 22,600.
Smaller company shares fell more than 2%.
Brent crude rose to about 114 dollars a barrel.
Analysts expect choppy trading.
Brent crude December futures were at 114.29 dollars a barrel and WTI at 101.03 dollars around 3:37 pm, according to Kotak Neo.
Prices kept rising after a 4% jump in the previous session and reached a five-month high, according to the same report.
Kotak Neo links the rise to Houthi attacks on Saudi Arabia and the related supply concerns.
MCX gold December futures were at Rs 1,42,734 per 10 grams, down 0.40%, and silver December futures were at Rs 1,95,600 per kilogram, down 2%, according to Kotak Neo.
The report attributes the decline to rising crude prices and global uncertainty.
Foreign investor selling and Middle East tensions were also cited by the reports.
HPCL refinanced about Rs 50,000 crore of debt for its Rajasthan refinery, cutting borrowing costs by nearly 105 basis points, according to Kotak Neo.
The Jio Platforms IPO drew more than one crore applications, according to the same report.
On Thursday, October 22, the Sensex had closed at 73,249.39, down about 460 points, according to Business Standard.
On Wednesday, October 21, the Sensex had closed at 73,709.69, according to Free Press Journal.
The Kotak Neo article expects choppy trading, with crude prices and Middle East tensions keeping investors cautious, and says buying by domestic and foreign institutions could offer some support.
The reports reviewed did not give market breadth, institutional flow amounts or the rupee’s level.
This report is for information only and is not investment advice. Readers should check the NSE and BSE for official figures.
Indian equity benchmarks ended lower on Friday, October 23, 2026, extending losses as crude oil surged, according to Business Standard, ANI and Kotak Neo.
BSE building, Mumbai (file image), Wikimedia Commons, CC BY 2.0
