Stock Market Today (October 26): Sensex Slumps Over 500 Points; Expert Flags Inflation, Liquidity Risks

Both the Nifty and the Sensex began the trading day and week on a weak note. The Nifty declined over 130 points and opened at 22,524.40 and the Sensex declined over 500 points and opened at 72,990.04. All sectoral indices traded lower in early trade, with small cap and midcaps continuing to face pressure. The Indian rupee opened at 94.93 to the dollar versus Friday’s close of 94.94 to the dollar. Crude oil prices eased marginally after hitting six-month highs, Brent crude prices had crossed 117 dollars per barrel; however currently prices remain above 114 dollars per barrel (at the time of filing this copy).