---
title: "Sensex Starts Week Lower on Rising Oil Prices"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296057293.md"
description: "India's BSE Sensex dropped 0.5% to 77,643 on Monday, driven by concerns over high crude oil prices and Middle East tensions. Brent crude remained near $89 a barrel. While Reliance Industries partnered with Rolls-Royce for fighter jet engines, its shares dipped slightly. Voltas fell despite strong Q1 earnings, whereas PhysicsWallah surged 6.8% on narrowed losses and revenue growth. Other laggards included BSE Ltd, Embassy, and Cupid."
datetime: "2026-08-17T04:43:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296057293.md)
  - [en](https://longbridge.com/en/news/296057293.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296057293.md)
generator: "portal-rs"
---

# Sensex Starts Week Lower on Rising Oil Prices

India’s BSE Sensex fell about 0.5% to 77,643 on Monday, following losses in the previous session amid persistent concerns over elevated crude oil prices and ongoing tensions in the Middle East. Brent crude hovered around $89 a barrel on Monday after rising 4.6% last week, as uncertainty over efforts to end the Iran war raised concerns about global oil supplies.

Among individual stocks, Reliance Industries was in focus after announcing plans to work with Britain’s Rolls-Royce to develop and produce an engine for India’s fighter aircraft program, although shares opened 0.4% lower.

Voltas fell 2.6% despite reporting a jump in first-quarter earnings, supported by robust air conditioner demand.

Meanwhile, PhysicsWallah drew attention after posting a narrower first-quarter consolidated loss of 775.7 million rupees, versus 1.2 billion rupees a year earlier, as revenue climbed 24.4%, with shares rising 6.8%.

Other notable laggards were BSE Ltd (-4.2%), Embassy (-2.9%), and Cupid (-2.2%).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**