The Sensex fell 143.21 points to close at 73,709.69 on Wednesday, October 21.
The Nifty 50 lost 77.60 points to settle at 22,811.35.
Both indices had gained early on India-US trade hopes but gave up the gains.
Brent crude rose 1.31% to 110.15 dollars a barrel, and foreign investors kept selling.
The Nifty IT index rose 2.52%, the only major sectoral gainer.
Indian equity benchmarks ended lower on Wednesday, October 21, 2026, after giving up early gains, according to Free Press Journal, Liquide and Media Bias.
The BSE Sensex fell 143.21 points, or 0.19%, to close at 73,709.69, according to Free Press Journal.
The Nifty 50 fell 77.60 points, or 0.34%, to settle at 22,811.35, according to the same report.
Both indices had gained early on optimism over India-US trade negotiations, according to Free Press Journal.
Sunday Guardian Live reported that the Sensex was up more than 500 points at one stage in early trade, with the Nifty near 23,000.
The Nifty IT index rose 2.52% and was the only major sectoral gainer, according to Free Press Journal.
The Nifty Auto index fell 1.99%, Nifty Metal fell 1.97%, Nifty Realty fell 1.57%, Nifty Media fell 1.24% and Nifty Private Bank fell 1.16%, according to the same report.
Liquide reported that the Bank Nifty fell 0.92% to 54,976.90.
Brent crude rose 1.31% to 110.15 dollars a barrel, according to Free Press Journal.
Higher crude prices raised concerns about India’s import costs, inflation, corporate profit margins and rupee volatility, according to the same report.
Continued selling by foreign institutional investors weighed on sentiment, according to Free Press Journal.
Vinod Nair of Geojit Investments said high crude and foreign investor selling outweighed the trade news, while improving second-quarter earnings and buying by domestic institutions provided support.
Vikram Kasat of PL Capital said elevated crude prices could keep markets volatile.
Dalal Street, Mumbai (file image), Wikimedia Commons, CC BY-SA 3.0
