Markets Slip for Second Day as Tata Selloff, Rising Oil Prices Weigh on Sentiment

What Happened

Indian equity markets ended lower for the second consecutive session on 12 August 2026, with the Sensex falling 187.9 points (0.24%) to 77,966 and the Nifty 50 slipping 35.75 points (0.15%) to 24,435. Investor sentiment remained cautious amid rising crude oil prices, geopolitical uncertainties, and selling pressure in Tata Group stocks following leadership transition-related developments. Weakness in IT, auto, and metal heavyweights outweighed gains in PSU banks and select defensive stocks, keeping the broader market under pressure.