Higher energy costs and crude oil price rises are causing market sentiment shifts and renewed inflation concerns for key Indian companies.
1 report, 1 independent
Updated Aug 11
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What happened
Higher energy costs and crude oil price rises are causing market sentiment shifts and renewed inflation concerns for key Indian companies.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Infosys
Indian multinational technology company
- 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.
- 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.
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Bajaj Finserv
Indian financial services company
Related events
- Indian stocks showed mixed performance on July 6, 2026, amid monitoring of elevated crude oil prices.
- The market sentiment in the Indian IT sector is being affected by geopolitical factors, specifically US-Iran peace uncertainty, impacting companies like Infosys and Mphasis.
- Both the IT and real estate sectors are currently facing significant market headwinds.
- Indian equities, including IT and auto stocks, are supported by Asian markets despite oil price volatility.
- Infosys and Tata Consultancy Services are listed as largecap companies in India.