Stock Market Update 12 August 2026: Sensex Tanks Over 250 Pts; Nifty 50 Below 24,400
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Most Indian stock market indices traded in the red during early trading on Wednesday. While the Sensex slipped over 250 points, the Nifty 50 traded below 24,400. Brent crude moved above $90 per barrel. Read more.
Most Indian stock market indices were trading in the red after the market opening on Wednesday, 12 August 2026.
At 9:17 AM, the Sensex was down by around 256 points (0.33%) to trade at 77,898.53. The Nifty 50 was also trading lower by around 73 points (0.30%) at 24,398.60.
Notably, on Tuesday, 11 August 2026, the indices closed in the deep red as uncertainty over the US-Iran peace deal impacted investor sentiment. At the closing bell, the Sensex stood at 78,154.25, down 0.49%. The Nifty 50 stood at 24,471.70, down 0.46%.
How Are Other Indices Performing?
Apart from the Sensex and the Nifty 50, other broader indices also traded in the red during early trading on Wednesday.
At around 9:20 AM, Bank Nifty was down by 105 points (0.18%) to trade at 57,340.80. The Nifty Financial Services index was also down by around 0.51% to trade at 26,298.85.
Among the sectoral indices, Nifty Auto (up 0.14%), Nifty Metal (up 1.16%) and Nifty PSU Bank (up 0.44%) were trading in the green. Nifty FMCG (down 0.58%), Nifty Pharma (down 0.08%) and Nifty IT (down 0.41%) were in the red.
Top Gainers And Losers
At 9:23 AM on Wednesday, about 1462 shares were in the green, while 1331 shares were in the red. 166 shares remained unchanged.
The top gainers on Nifty included Hindalco, PNB, Union Bank of India, Bosch and Vedanta.
The top losers were Godrej Consumer, Zydus, Apollo Hospitals, United Spirits and Max Healthcare.
What About The Global Markets?
The global markets gave mixed cues as crude oil prices continue to surge.
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S&P 500 futures were little changed as of 10:38 AM Tokyo time.
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Nikkei 225 futures (OSE) fell 0.3%.
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Japan’s Topix rose 0.4%.
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Australia’s S&P/ASX 200 fell 0.5%.
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Hong Kong’s Hang Seng fell 0.8%.
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The Shanghai Composite was little changed.
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Euro Stoxx 50 futures fell 0.2%.
Factors Impacting The Markets
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Middle East Tension: Renewed uncertainty in the Middle East continues to impact investor sentiment across the globe. There are no clear signals regarding the peace deal between the US and Iran.
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Oil Prices Rise: With no certainty over the reopening of the Strait of Hormuz, crude oil prices continue to climb on Wednesday. Brent crude moved above $90 per barrel.
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Rupee Unchanged: The Indian rupee opened largely unchanged at ₹95.40 against the US dollar on Wednesday. It had closed at ₹95.4350 in the previous session.
Investor Takeaway
Geopolitical uncertainty and rising crude oil prices are impacting investor sentiments across the global markets. The US Consumer Price Index (CPI) data to be released on Wednesday could further influence market sentiments. Investors are advised to be watchful before taking any positions.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa is a content and SEO strategist with 10+ years of experience across fintech and FMCG. She has a knack for connecting dots others miss, spotting trends early, and finding angles on topics most miss to question.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide.
Outside work, she's drawn to art, painting and architecture, and enjoys travelling to explore them firsthand.
