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[BUSINESS] · India, United States, Iran, Japan, South Korea · 24 sources

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Indian stock markets rebound after week-long losing streak

Indian equity markets experienced significant volatility between August 19 and August 20, 2026. On Wednesday, August 19, benchmark indices faced heavy selling pressure, driven by rising crude oil prices and geopolitical tensions following the expiration of a 60-day US-Iran ceasefire without a diplomatic resolution. The BSE Sensex fell 325.78 points to close at 76,909.68, marking its fourth consecutive day of decline, while the NSE Nifty 50 dropped 76.60 points to 24,078.30, extending its losing streak to seven sessions. The Indian rupee also weakened to 95.76 against the US dollar.

On Thursday, August 20, the market staged a recovery, snapping the losing streak. Supported by falling US Treasury yields and positive global cues, the Sensex rose over 400 points, and the Nifty climbed above the 24,200 mark. This rebound was aided by short-covering and renewed foreign institutional investor (FII) interest. While IT stocks showed strength, investors remained cautious regarding elevated Brent crude prices, which traded above $91 per barrel due to ongoing Middle East tensions.

Entities

BSE · BSE Sensex · Federal Reserve · HCL Technologies · India · Infosys · Iran · NSE · NSE Nifty 50 · United States

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8 days ago
9 days ago