bse sensex next 30 index

Persian Gulf tensions pushed crude prices near $100, weakening the rupee and causing the Sensex to plunge over 1,100 points mid-session. Despite initial losses, banking stocks rallied, aiding a partial recovery, while IT stocks crashed due to AI disruption fears. Foreign funds saw significant outflows.

Indian stock markets experienced a significant downturn on Friday. Investor wealth saw a substantial decline of Rs 5.77 lakh crore. Benchmark indices, Sensex and Nifty50, plunged sharply in the final trading hour. Concerns over a weaker monsoon outlook and geopolitical uncertainty fueled the sell-off. Broad-based selling pressure was observed across various sectors.

Equity markets saw gains evaporate on Wednesday, with the Sensex inching up and the Nifty closing lower. Renewed US-Iran tensions rattled investor sentiment, leading to a sell-off in late trade. Geopolitical concerns overshadowed positive domestic factors, while global markets also faced pressure. Banking stocks provided some support to the Sensex.

The Indian rupee strengthened by 20 paise against the US dollar in early trade on Tuesday, opening at 95.47. This gain was attributed to easing oil prices, a weaker US dollar index, and a de-escalation of tensions between Israel and Iran. Domestic equity markets also traded higher, reflecting positive sentiment.

Dalal Street witnessed a significant downturn as crude oil prices surged due to West Asia tensions, leading to a 508-point drop in the Sensex. Foreign funds continued their selling spree, with outflows exceeding Rs 2.5 lakh crore this year. Investors are now awaiting the RBI's policy meeting and focusing on stock-specific opportunities amid a range-bound market.

Government and RBI measures to boost foreign investment in government securities led to a bond rally, with benchmark 10-year G-Sec yields softening. Exemptions from long-term capital gains and withholding taxes for FPIs in G-Secs, along with expanded investment options, are seen as positive for the fixed income market.

The rupee opened lower against the dollar, influenced by a stronger greenback, rising crude oil prices, and geopolitical tensions in the Middle East. This decline followed a strong gain on Friday, as investors remained cautious ahead of key US economic data and potential Federal Reserve interest rate decisions.

Selling was widespread across the market. Every stock in the Sensex basket traded in negative territory. The weakness was equally visible beyond the benchmark indices. The Nifty Midcap 100 and Nifty Smallcap 100 both lost more than 1%, reflecting a broad risk-off mood among investors.

India has dropped to seventh in global stock market valuation, overtaken by South Korea and Taiwan. This decline, attributed to sustained foreign fund selling and muted corporate earnings, contrasts with the AI chip leadership of South Korean and Taiwanese firms. Despite a recent Sensex uptick driven by domestic buying, foreign investors remain net sellers, impacting India's market cap.

The rupee weakened by 34 paise to 95.19 against the US dollar on Monday, impacted by escalating US-Iran tensions, soaring crude oil prices, and a stronger dollar. Global risk sentiment soured due to West Asia concerns. Analysts anticipate continued negative bias for the rupee, with a trading range of 94.60-95.30.

Both the Sensex and Nifty declined more than 1% as investor sentiment weakened amid growing concerns over the Iran-US conflict, continued foreign institutional investor (FII) outflows and a host of other market challenges.

BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and oil price sensitivity. Despite record foreign outflows and a challenging macro environment, the asset manager remains constructive on India's medium- to long-term prospects, citing strong demographics, infrastructure, and financial sector strength. They see potential for indirect AI-related opportunities and favor sectors like financials.

The Odisha Teacher Eligibility Test (OTET) 2026 has been rescheduled by the Board of Secondary Education (BSE), Odisha. The examination will now take place on June 28, 2026, a week later than initially planned. Candidates can download their admit cards from June 17, 2026, via the official BSE Odisha website. Ensure you have your hall ticket for entry.