Although the benchmark indices opened higher, they traded positive throughout the session and ultimately closed green.
Indian equity benchmarks indices, Sensex and Nifty50 extended losses as oil price volatility roiled the investors' sentiment.
At the closing bell, the BSE Sensex closed lower by 830 points (down 1.08%)
Meanwhile, the NSE Nifty closed 227 points lower (down 0.9%)
NTPC, Tech Mahindra, Sun Pharma are among the top gainers today.
M&M, Bajaj Finance, Larsen on the other hand, were among the top losers today.
The GIFT Nifty was trading at 243,721 lower by 194 points at the time of writing.
The Nifty Midcap 100 index is trading 0.4% lower and the Nifty Smallcap 250 index is trading 0.38% lower.
Sectoral indices are trading mixed today with stocks in IT sector and oil & gas sector witnessed selling pressure. Meanwhile, stocks in services sector and auto sector witnessed selling pressure.
Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...
The rupee is trading at Rs 92.17 against the US$.
Gold prices for the latest contract on MCX are trading 0.07% higher at Rs 161,901 per grams.
Meanwhile, silver prices were trading 1.7% higher at 2,73,281 per 1 kg.
Four reasons why Indian share markets are falling:
Global oil prices jumped as Brent crude crossed $100 per barrel after security concerns and attacks on oil tankers in the Middle East. Higher oil prices raise inflation fears and create pressure on stock markets.
The Indian rupee fell 31 paise to 92.32 against the US dollar due to rising oil prices and continuous selling by foreign investors. A stronger dollar also added pressure on the currency.
Foreign investors continued to sell Indian equities in large amounts over the past few sessions. This sustained selling has weakened overall market sentiment.
Rising tensions in the Middle East have increased risk in financial markets. These tensions have pushed oil prices higher and weakened investor confidence.
Speaking about the stock market, research analyst Tanushree Banerjee, in her latest video, highlights how data centres are becoming the backbone of the artificial intelligence revolution.
She notes that just as railroads were the inflection point of the Industrial Revolution, data centres are emerging as the critical infrastructure powering the AI era.
By investing heavily in specialised high-density cooling systems and massive power infrastructure, billionaires and large corporations are positioning themselves to control the supply side of what could become the world's most valuable new commodity, computing power.
Let's dig deeper into this.
Shares of Borosil dropped 6% on Wednesday, after oil marketing companies (OMCs) announced restrictions on the supply of LPG due to a force majeure situation arising from the ongoing West Asia conflict.
Borosil said it is working closely with oil marketing companies (OMCs) and government authorities to ensure a steady supply of LPG, which is essential for its manufacturing operations. The company said it is trying to secure enough fuel to keep production running as smoothly as possible. It is also studying the impact of the LPG supply disruption and keeping a close watch on the situation.
Earlier this week, Borosil's board approved plans to set up a new manufacturing facility in Gujarat. The company also decided to expand the capacity of its borosilicate glass furnace in Rajasthan.

Jindal Steel and Power have announced that it has emerged as the preferred bidder for the Thakurani-A1 Iron Ore Block in Odisha. The block was auctioned by the state government as part of its mineral block auctions.
The company has offered to pay a premium of 101.20% to the Odisha government for mining rights.
The Thakurani-A1 Iron Ore Block was included in an auction of 12 virgin mineral blocks announced by the Odisha Directorate of Mines and Geology in December 2025. According to government documents, the block has been explored at the G3 level and is estimated to contain around 50 million tonnes of iron ore resources.
Jindal Steel and Power, the flagship company of the Jindal Group, is a major industrial player with a strong presence in steel, power, mining, and infrastructure sectors across global markets.
To know what's moving the Indian stock markets today check out the most recent share market updates here.
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