Stock Market Today: Sensex, Nifty See Sharp Drop Amid Iran-US Conflict Flare-up; Brent Crude Skyrockets
Oil prices rose after US strikes on Iran, and foreign investors bought Rs 1,143.38 crore as Indian shares opened lower.
- On Tuesday, Asian markets faced renewed pressure as the 30-share BSE Sensex tumbled 0.61 per cent and Nifty opened lower amid geopolitical tensions.
- Fresh military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation as US markets closed lower, pressuring sentiment across Asia.
- Japan's Nikkei fell 2.77 per cent, Hong Kong's Hang Seng dropped 1.16 per cent, South Korea's Kospi shed 3.39 per cent, and Shanghai's SSE Composite declined 0.83 per cent.
- Market breadth turned negative on the NSE, with 2,180 stocks declining against 1,336 advancing; FIIs returned as net buyers on Tuesday, purchasing Rs 1,143 crore.
- The Indian rupee strengthened for a third consecutive session, closing Tuesday at a two-month high of Rs 94.95 against the dollar, reinforcing domestic demand resilience.
16 Articles
16 Articles
Why is the stock market falling today? 3 reasons behind Sensex, Nifty sell-off
Indian shares fell sharply on Wednesday as the US-Iran conflict pushed crude higher and lifted rate worries. The sell-off spread across sectors even as strong domestic data offered some support.
Stock Market Live Updates Today: Markets fall sharply in early trade: Sensex down 700 points, Nifty below 23,830 - The Times of India
Indian markets are likely to open weak as surging oil prices and rising global yields weigh on investor sentiment amid the escalating Iran conflict.
Stock Market Crash: The stock market witnessed a panic as soon as it opened on Wednesday. Following news from the US, the Sensex and Nifty saw a significant drop. The Bombay BSE Sensex plunged 700 points at the opening.
2 September, 2026 Stock Market Updates: Sensex, Nifty tumble amid rise in crude oil prices
Asian stocks faced renewed pressure after US stocks closed broadly lower, as another round of US military strikes on Iran sent oil prices higher and stoked worries about stubbornly high inflation.
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