๐ Stock markets dip as oil prices rise due to global tension
Benchmark indices Sensex and Nifty declined in early trade on Tuesday, August 11, 2026, due to elevated crude oil prices caused by geopolitical uncertainties. The 30-share BSE Sensex fell 320.14 points to 78,204.40, while the 50-share NSE Nifty dropped 94.35 points to 24,490.85. Brent crude was trading at $87.61 per barrel, reflecting concerns over Strait of Hormuz disruptions. Investors are adopting a wait-and-watch approach until greater clarity emerges from ongoing international negotiations. Higher crude prices are expected to limit broader market upside until fresh catalysts appear.