Sensex Today | Nifty 50 | Indian Stock Market Live: Nifty Slips Below 22,500, Sensex Drops Over 350 Points As Crude Tops $102; Check Why Markets Are Falling, Key Triggers and Stocks In Focus

Indian stock markets opened lower on Thursday, extending the selling pressure seen in the previous session. The Nifty 50 fell 124.6 points, or 0.55%, to 22,478.45, while the Sensex declined 353 points, or 0.49%, to 72,285.64 by 10:09 am.

The decline follows a weak session on Wednesday, when the Nifty ended 0.76% lower and the Sensex lost 429 points. Investors are now also turning their attention to the upcoming corporate earnings season, with Tata Consultancy Services (TCS) scheduled to announce its second-quarter results on Thursday.

Here are three major factors weighing on the Indian stock market.

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Crude oil prices rise amid Middle East tensions

Oil prices have become a major concern for investors as tensions in the Middle East escalate. Reports suggesting that US President Donald Trump could consider military action against Iran have added to concerns over global energy supplies.

Brent crude futures rose 2.06% to $102.26 in early trade.

For India, which relies heavily on imported crude, a sustained rise in oil prices could increase the country’s import bill and fuel inflationary pressures. Higher energy costs could also affect corporate margins and consumer demand.