Mumbai, India – March 19, 2026
Brent Crude Rises to $114/Barrel, Adding Pressure on Global Markets
Global oil prices moved sharply higher, with Brent Crude reaching $114 per barrel, intensifying concerns over inflation and market stability.
The rise in crude prices comes amid ongoing geopolitical tensions and supply concerns, which continue to influence global financial markets and investor sentiment.
FII Selling Continues, DIIs Offer Support
According to exchange data, foreign institutional investors (FIIs) sold equities worth ₹2,714.35 crore on Wednesday, indicating continued caution among global investors.
In contrast, domestic institutional investors (DIIs) provided support to the market by purchasing shares worth ₹3,253.03 crore, helping cushion the impact of foreign outflows.
Previous Session: Markets Closed Higher
Despite the current volatility, Indian benchmark indices had ended the previous trading session on a positive note.
The 30-share BSE Sensex gained 633.29 points, or 0.83%, to close at 76,704.13. Meanwhile, the NSE Nifty rose 196.65 points, or 0.83%, to settle at 23,777.80.
The earlier gains were supported by selective buying and positive domestic cues, though rising oil prices remain a key concern for markets going forward.
