- On Friday, the FTSE 100 opened almost unchanged at 10,772.54 points but slipped to a session low of 10,723.66 points, ultimately closing down 0.17% at 10,753.83.
- On the same day, both the Sensex and Nifty ended lower, with the Nifty down for a fourth consecutive day.
- For the week, the BSE benchmark declined 0.62%, while the Nifty dipped 0.83%.
- On Thursday, the Sensex ended higher due to fag-end buying, while the Nifty was marginally down for the third day.
- The decline in the FTSE 100 is attributed to weaker mining shares and renewed tensions between the U.S. and Iran, which have raised oil prices.
- The US has threatened to maintain a naval blockade of Iran, raising fears about potential disruptions to oil shipments through the Strait of Hormuz.
Stock markets faced downward pressure on August 14, 2026, with the FTSE 100 closing at 10,753.83, down 0.17%. The index's decline was influenced by weaker mining shares and ongoing geopolitical tensions, particularly the U.S.-Iran standoff, which has raised oil prices.1278
The FTSE 100's performance reflected a broader trend, as it marked its fourth consecutive day of losses, following a 0.56% drop the previous day. Brent crude oil prices climbed nearly 1% to around $88 per barrel, raising concerns about inflation and energy costs. The U.S. has threatened to maintain a naval blockade of Iran indefinitely, which has heightened fears of disruptions to oil shipments through the Strait of Hormuz.34
In India, the Nifty index fell 29.85 points, or 0.12%, to close at 24,366, while the BSE Sensex dropped 70.71 points, or 0.09%, settling at 78,009.25. Investor sentiment was dampened by elevated oil prices and the ongoing geopolitical uncertainty. Ponmudi R., CEO of Enrich Money, noted that despite positive global cues, the absence of diplomatic breakthroughs kept investors cautious.6
Sector-wise, the BSE SmallCap Select index declined 0.65%, while the MidCap Select index dipped 0.13%. Among major laggards were Asian Paints and InterGlobe Aviation, while Bharti Airtel and Adani Ports showed some resilience.
Overall, the BSE benchmark declined 489.92 points, or 0.62%, for the week, with the Nifty down 204.65 points, or 0.83%.5
“Brent crude climbed around 1% to nearly $88 a barrel on renewed US-Iran tensions, threatening oil shipments through the Strait of Hormuz. The BSE benchmark fell 489.92 points weekly, while FIIs offloaded equities worth ₹510.69 crore on Thursday.”
