Indian stock market had a sluggish start today. Despite gains in American and Asian markets, investors are worried about rising crude oil prices in the international market. This is the reason why the stock market opened with a decline today. Sensex opened 85 points down at 77384. At the same time, NSE’s Nifty 50 also fell by 37 points and opened at 24150.
Asian market
Today most Asian markets saw gains. Among these, South Korea’s KOSPI index gained the most, rising 5% in early trade. KOSDAQ gained about 2%. Japan’s Nikkei 225 rose 0.34%. There was no significant change in the index. However, Australia’s S&P/ASX 200 saw a modest gain of 0.12%. Asian markets are trading well today due to the rise in the US market and strong recovery in semiconductor stocks.
US market
The American stock market closed with gains yesterday, Tuesday night. The Dow Jones Industrial Average rose 0.74%, the S&P 500 index rose 0.89%, while the Nasdaq Composite gained 1.29%. On this day, there was tremendous buying in the shares of American chip and tech companies, which supported the market. Investors are now waiting for the quarterly results of big tech companies like Alphabet and Tesla.
crude oil
Crude oil prices are rising again on concerns of supply disruptions due to geopolitical tensions in the Middle East. Even today, on July 22, 2026, crude oil prices are seen increasing. Brent crude rose 2% to $91.01 a barrel, while West Texas Intermediate (WTI) crude also rose 2% to $84.91 a barrel.
us dollar
The US dollar index, which measures the strength and weakness of the dollar against major world currencies, was trading at 101.15 today. Meanwhile, the Indian rupee recovered and was trading at 96.24 against the US dollar in early trade today, indicating a rise of about 12 to 21 paise in the rupee compared to yesterday.
