Stock markets decline for 2nd day amid rising crude oil prices
India, Aug. 13 -- Benchmark equity indices Sensex and Nifty ended lower for the second day on Wednesday as elevated crude oil prices and selling in Tata Group stocks after Tata Sons Chairman N Chandrasekaran said he will not seek reappointment when his current term ends on February 20, 2027, weighed on investors' sentiment.
The 30-share BSE Sensex declined 187.90 points, or 0.24 per cent, to settle at 77,966.35. During the day, it tumbled 656.32 points, or 0.83 per cent, to 77,497.93.
The 50-share NSE Nifty dipped 35.75 points, or 0.15 per cent, to end at 24,435.95.
From the Sensex pack, TCS dropped the most by 3.71 per cent.
Mahindra & Mahindra, Tata Steel, Larsen & Toubro, Eternal and Infosys were also among the laggards.
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