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  1. Easing Brent crude prices are supporting Nifty and Sensex, while companies like Grasim Industries and Bharti Airtel are among the top losers due to tensions in West Asia.

Sensex and Nifty declined sharply in H1CY26, driven by the West Asia crisis and resulting oil price spike.

1 report, 1 independent Updated Jul 1
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Sensex and Nifty declined sharply in H1CY26, driven by the West Asia crisis and resulting oil price spike.

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  1. Both BSE Sensex and NSE Nifty indices reacted to geopolitical uncertainties on August 1, 2026.Sub-event
  2. West Asia crisis causes oil price spike, leading to sharp declines in Sensex and Nifty.1 source

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