Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.
1 report, 1 independent
Updated Jul 14
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What happened
Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hindustan Unilever and Tata Elxsi hit 52-week lows amid subdued trends, driven by high crude prices and FED headwinds.Sub-event
Brent crude prices are up due to escalating tensions, weighing down sectors including HCL, Bharti Airtel, and Apollo Hospitals.1 source
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Part of
A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.Also in this story
- On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.
- Falling Brent crude prices are providing market relief, while L&T and Bharti Airtel are noted as major drags on the Nifty index.
The entities involved
- Brent
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HCL Technologies
information technology consulting, outsourcing services and software development company
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Bharti Airtel
Indian multinational telecommunications company
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Apollo Hospitals
chain of Indian private hospitals
Nothing else this week.
Related events
- Brent crude prices eased while major financial institutions reported mixed quarterly profit results amid competition fears.
- Attacks on West Asia crude supplies are driving a sustained rise in global crude oil prices.
- Tensions in Hormuz surge Brent crude prices, driving inflation and weighing on Indian market sentiment, affecting banks like Axis and Kotak Mahindra.
- Crude oil prices restrict risk appetite in the Indian market.
- Brent crude prices reacted to supply reports, while the Fed hiked interest rates to curb inflation.