India, Aug. 18 -- Benchmark equity indices Sensex and Nifty declined on Tuesday, pressured by rising crude oil prices and renewed tensions in West Asia. At 11 am, the Sensex was down 392.18 points, or 0.5%, at 77,335.98, while the Nifty fell 93.35 points, or 0.38%, to 24,194.30. Most major Nifty sectoral indices traded lower, with pharma and Oil & Gas being the exceptions.

Why Are Sensex And Nifty Falling Today?

Several factors are weighing on Indian equities, including higher crude prices, weak global markets, foreign investor selling, rising US bond yields, rupee weakness and losses in IT stocks.

Why Are Rising Crude Oil Prices Hurting The Stock Market?

Brent crude rose 0.63% to $91.46 a barrel after Iran indicated a potentially mor...