Markets decline amid West Asia conflict, concerns over possible U.S. interest-rate hike
Indian stock market indices Sensex and Nifty declined due to rising crude oil prices, geopolitical tensions between the U.S. and Iran, and concerns over potential U.S. interest rate hikes. Investors are reacting to strong U.S. jobs data and the anticipation of upcoming inflation reports.
Why it matters
Global market volatility driven by geopolitical conflict and central bank policy directly impacts international investment portfolios and economic stability.
Stock market benchmark indices Sensex and Nifty drifted lower in early trade on Monday (September 7, 2026) as elevated crude oil prices, escalation in U.S.-Iran hostilities and concerns over a possible U.S. interest rate hike weighed on investors' sentiment.
The 30-share BSE Sensex dropped 172.77 points to 76,342.66 in early trade. The 50-share NSE Nifty declined 63.30 points to 23,832.60.
Among the 30 Sensex firms, Infosys, Tech Mahindra, HCL Tech, Tata Steel, Tata Consultancy Services, and UltraTech Cement were among the major laggards.
Eternal, Bharti Airtel, Bharat Electronics, and Larsen & Toubro were among the winners.
Brent crude, the global oil benchmark, traded 0.78% higher at $97 per barrel.
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