India Stock Market Today: Nifty Holds Green, Sensex Slips as Auto Stocks Ride Oil Relief
Indian equities showed a split on Thursday afternoon. The Nifty 50 managed a 0.08% rise to 24,349.30, just as the BSE Sensex slipped 0.03% to 77,936.80. Auto names provided support, counterbalancing pressure in IT and consumer stocks, according to Moneycontrol data. This shift is significant: right now, oil prices are steering sentiment more than company earnings. Brent’s recent slide has offered India—heavily reliant on imported crude—a bit of relief. Not long ago, surging energy prices were fueling concerns around inflation, the rupee, and GDP. Reuters put Brent at $99 a barrel, a 2% dip for the day, with the rupee firming up to 94.2525 against the dollar.