Benchmark Brent crude prices fell 1% to $67.63 per barrel, while West Texas Intermediate (WTI) crude prices were down 1% at $65.83 per barrel at 2.28 am GMT.
The Sensex dropped 170 points, led by weakness in banks and metals, while consumer and auto stocks offered support. An analyst flags a bearish STBT setup in ICICI Bank.
Deckers was the worst-performing consumer sector stock in the first half of 2025, with shares falling about 50%. Crocs shares are down 2.6% year-to-date.
AeroVironment's capital raise, although causing a short-term stock dip, will fund manufacturing expansion to meet record demand and fortify its balance sheet.
Benchmark indices ended in the red, though retail sentiment stayed bullish. Metal stocks rallied in a weak market, while real estate and banking stocks saw selling pressure.
Wall Street's biggest banks are rewarding shareholders with a wave of dividend hikes and buybacks totaling more than $100 billion, after clearing the Federal Reserve's 2025 stress test with capital left to spare.
Analysts have noted that over recent months, Dollar General's low-cost products, which are also essential household items, have proven to be the company's selling point amid economic uncertainty.
Markets remained rangebound as investors weighed sectoral cues and the upcoming earnings season. Analysts pegged Nifty resistance at 25,800 and noted sustained FII selling pressure.
According to TheFly, the brokerage also raised its price target for the stock to $51 from $47, citing outsized expectations for free cash flow generation.
