Sensex, Nifty hit lowest level in 1.5 years amid rising crude prices, reaction to RBI policy
The BSE Sensex fell 1.4% to its lowest level in 18 months on October 8, 2026, driven by rising crude oil prices and reactions to the Reserve Bank of India's policy. Major firms like ITC and Adani Ports contributed to the decline. Analysts predict further market drops as the recovery seen from April to August is now considered over.