Economy
Indian stock indices drop to multi-month lows as FPI outflows and oil prices surge

Indian stock indices drop to multi-month lows as FPI outflows and oil prices surge

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THE BRIEF
1

The Indian stock market suffered a broad-based sell-off on Thursday, with the Nifty falling 1.71% to settle at 22,216 and the Sensex declining 1.62% to 71,461.

2

Foreign portfolio investors withdrew ₹31,282 crore in the first four trading days of October, pushing total 2026 equity outflows to ₹2.91 lakh crore.

3

Brent crude oil prices jumped nearly 4% amid escalating Middle East tensions, while Adani Group CFO Jugeshinder Robbie Singh urged focus on long-term infrastructure assets.