NSE:MESH 10 December 2025

June 11, 2026, 7:50 AM EDT. Indian stock markets edged lower on June 11, 2026, as the Nifty 50 fell 0.23% to 23,161.60 and the BSE Sensex dropped 0.2% to 73,832.55. Losses in technology stocks deepened amid concerns over artificial intelligence (AI) disrupting India's traditional labor-based IT outsourcing model. Rising U.S. inflation, with consumer prices up 4.2% year-on-year in May, and surging oil prices due to Middle East tensions pressured investor sentiment. Brent crude fluctuated, hitting $92.57 per barrel, while the Indian rupee weakened to 95.6850 against the dollar. Despite short-term jitters, BlackRock said India remains attractive for long-term investors, citing its strong economic growth prospects around 6%-7%.