BSE Sensex closes lower as CPI hits 5.54 percent
Published on 10/12/2026 at 18:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The BSE Sensex settled at 71,925 points on October 12, down 548 points or 0.8 percent.
- India's September CPI rose to 5.54 percent from 4.82 percent in August.
- Tech Mahindra fell 4.5 percent during trading and led losses among major technology stocks.
- The RBI's 25,000 crore open-market government bond sale is scheduled for October 13.
- Brent crude rose to USD 105.8 per barrel as 10-year bond yields reached a three-year high.
The BSE Sensex closed at 71,924.68 points on October 12, down 547.65 points or 0.76 percent. The index reversed early gains as September consumer inflation rose to 5.54 percent, above the 5.40 percent economist estimate, Moneycontrol and CNBC reported.
Tech Mahindra fell 4.5 percent during trading and led losses among major technology stocks. ITC, Hindustan Unilever, Larsen & Toubro, State Bank of India and Tata Consultancy Services also ranked among the major laggards, while Bharat Electronics, Mahindra & Mahindra and Kotak Mahindra Bank were among the gainers, Business Standard reported.
Why did the BSE Sensex fall after opening higher?
The Sensex opened with gains before selling pressure returned. It fell to 71,676.10 points during the session, according to Rediff Money. Brent crude rose 1.14 percent to USD 105.8 per barrel. Foreign outflows and higher bond yields added pressure, the same source said.
Inflation raises the stakes for Indian equities
The official September CPI release showed inflation at 5.54 percent, compared with 4.82 percent in August. Food inflation reached 7.74 percent, according to India's National Statistics Office. The result followed the Reserve Bank of India's recent rate increase to 5.50 percent.
What comes next for the BSE Sensex?
The next session will focus on the RBI's scheduled 25,000 crore open-market sale of government securities on October 13. The operation may influence bond yields and liquidity conditions, ABP Live reported.
