BSE Sensex closes lower as ITC weighs: 548 points
Published on 10/12/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- BSE Sensex closed at 71,925 points on October 12, down 548 points or 0.8 percent.
- Foreign selling, high yields and crude near USD 106 pressured Indian equities.
- ITC fell 3.1 percent, while Dr Reddy's Laboratories gained 2.7 percent.
- India's September CPI data was due at 5:30 p.m. IST on October 12.
The BSE Sensex closed on October 12 at 71,924.68 points, down 547.65 points or 0.76 percent. Selling in IT, consumer and banking shares offset early gains, Business Standard reported.
ITC was the biggest documented Sensex loser, falling 3.05 percent. Dr Reddy's Laboratories was the strongest documented gainer, rising 2.71 percent, Moneycontrol reported.
Why did the BSE Sensex fall on October 12?
Foreign portfolio outflows, rising bond yields and elevated crude prices weakened sentiment. Brent crude reached USD 106, increasing inflation concerns for India, Free Press Journal reported. Market participants also assessed the Reserve Bank of India's tighter policy stance after its 25-basis-point rate hike to 5.50 percent.
BSE Sensex stock movers and sectors
IT, FMCG, public-sector banks and private banks remained under pressure. Media, auto, realty and metal shares showed relative strength, while the Nifty Media index gained more than 4 percent, Economic Times reported. ITC's decline was also listed among the main drags in the FMCG sector.
India inflation data sets the next market test
India's September Consumer Price Index (CPI) data was scheduled for October 12 at 5:30 p.m. IST. Economists polled by Mint expected inflation of 5.6 percent, compared with 4.82 percent in August, FreeJobAlert reported. Investors were also watching the Reserve Bank of India's open-market sale of government securities on October 13, ABP Live reported.
