Mumbai, Aug 27: Indian equity markets ended lower on Thursday, extending their decline for a second consecutive session as cautious investors remained focused on global developments, crude oil prices and the outlook for corporate earnings.
The Sensex fell 637 points, while the Nifty 50 closed at 24,091, reflecting continued weakness in benchmark stocks. The market remained under pressure despite some positive global cues, including stronger technology stocks in overseas markets following Nvidia’s upbeat results.
Investor sentiment was also influenced by movements in crude oil prices and ongoing geopolitical developments. Brent crude remained elevated even after easing from recent levels, keeping oil-sensitive sectors and the broader market in focus.
The domestic market has been moving through a cautious phase in recent sessions. On Wednesday, the Sensex declined 183.15 points and the Nifty fell 126.80 points, with selling pressure particularly visible in information technology stocks and some heavyweight companies.
Market participants are now closely watching global equity trends, foreign investment flows, currency movements and upcoming economic developments for further direction. Analysts have described the near-term market outlook as cautious, with the benchmarks continuing to consolidate after recent volatility.
The latest fall highlights the continued sensitivity of Indian equities to global risk factors, even as domestic investors provide support to the market through steady participation.
For investors, attention is likely to remain on earnings expectations, global technology trends, crude oil prices and broader economic signals as the market looks for a clearer direction in the coming sessions.