World
Stock Market Update: Sensex and Nifty Close Flat as Oil Prices Decline
The Indian stock market saw the Sensex and Nifty settling flat due to mixed global indicators and lower oil prices.
On August 14, 2026, the Indian stock market witnessed the Sensex and Nifty closing flat amid mixed global cues. Reports indicated that crude oil prices have declined, with Brent crude around $87 per barrel and WTI at $81.97, attributed to lower demand forecasts.
In the context of these market conditions, Hitesh Rathi, a technical analyst at Angel One, recommended several stocks as potential buys. This includes Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies, which were highlighted as top choices for investors today.
Market activity was characterized by a lack of significant movement as oil prices continued to extend their decline related to geopolitical tensions in key regions, particularly the Hormuz Strait. Analysts noted this backdrop as contributing to the overall cautious sentiment in the stock market.