Noida, Aug 19 (APAC Media): Indian equity benchmarks, the BSE Sensex and NSE Nifty, closed lower on Wednesday, extending their longest losing streak since September 2025, as the ongoing West Asian conflict and elevated crude oil prices weighed on investor sentiment.
The Sensex fell 375 points, or 0.42%, to close at 76,910, while the Nifty 50 declined 77 points, or 0.32%, to 24,078.35.
The Indian rupee weakened 0.1% to 95.7575 per U.S. dollar as of 3:30 p.m. IST on Wednesday, compared with its previous close of 95.68.
HSBC Midcap Fund has delivered strong long-term returns, with a Rs 10,000 monthly systematic investment plan (SIP) growing to around Rs 2.43 crore since inception, translating into an XIRR of 17.33%.
Horizon Industrial Parks IPO Day 3: GMP, Subscription Status, Listing Date and Should You Apply?
The fund, which had assets under management of Rs 15,578 crore as of July 2026, has also delivered a 23.17% CAGR over the past three years.
The fund follows a bottom-up investment approach, focusing on quality businesses with the potential to benefit from structural growth opportunities.
Oil prices rose to a three-week high on Wednesday, supported by uncertainty over shipping through the Strait of Hormuz and ongoing supply disruptions.
Iran has reportedly considered targeting US military assets in Europe if US President Donald Trump escalates the conflict, according to reports.
Brent crude futures gained 45 cents, or 0.49%, to $91.47 a barrel by 0754 GMT, while U.S. West Texas Intermediate crude futures rose 45 cents, or 0.53%, to $85.39 a barrel.
Brent touched its highest level since July 30, while WTI climbed to its highest since July 31.
Foreign inflows into major Asian bond markets fell to a four-month low in July as investors became more selective amid the economic fallout from the Middle East conflict and its impact on oil prices.
Foreign investors made net purchases of $2.03 billion in local bonds across India, Indonesia, Malaysia, South Korea and Thailand, the smallest monthly inflow since March, according to data from regulators and bond market associations.
–ENDS–
Disclaimer:Â This article is for informational purposes only and is based on publicly available information. APAC Media is not responsible for investment decisions or losses. Please conduct your own research or consult a financial adviser before investing.
Also Read:
