Indian Markets Open Higher on Crude Oil Price Drop

Indian equity markets opened with marginal gains on Thursday, August 27, 2026, as a sharp decline in global crude oil prices provided a positive catalyst for investors. The benchmark Nifty 50 index rose nearly 40 points to open at 24,277.60, while the 30-share Sensex gained 35 points to start the day at 77,576.76. All sectoral indices opened higher, reflecting broad-based strength in early trade. The Indian rupee opened at 95.44 to the dollar, slightly weaker than its previous close of 95.41.

The positive opening followed a volatile session on Tuesday, August 25, when both indices recovered from intraday losses to close higher. On that day, the Sensex ended up 286.98 points, or 0.37 percent, at 77,656.09, while the Nifty gained 115.50 points, or 0.48 percent, to settle at 24,334.55. The recovery was attributed to fagend buying and a significant drop in crude oil prices, which eased investor concerns about inflation and energy costs.

The decline in crude oil has been a key driver of market sentiment over the past several days. Brent crude, the global oil benchmark, fell to around 86.22 per barrel in early trade on Wednesday, August 26, after dropping more than 6 percent over the...