Markets decline amid West Asia conflict, concerns over possible U.S. interest-rate hike
Indian stock markets experienced a decline on Monday due to rising crude oil prices, geopolitical tensions in West Asia, and concerns over potential U.S. interest rate hikes. Major indices like the Sensex and Nifty closed lower as investors adopted a risk-off approach.
Why it matters
Market volatility impacts investor wealth and reflects broader economic anxieties regarding global geopolitical stability and monetary policy.
Stock market benchmark indices Sensex and Nifty ended lower 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 investor sentiment.
The 30-share BSE Sensex dropped 382.62 points, or 0.50%, to settle at 76,132.81. During the day, it tanked 544.91 points, or 0.71%, to 75,970.52.
The 50-share NSE Nifty declined 118.55 points, or 0.50%, to end at 23,779.15.
Among the 30 Sensex firms, Infosys, Tech Mahindra, Tata Steel, Bajaj Finserv, UltraTech Cement and Tata Consultancy Services were the major laggards.
Larsen & Toubro, Bharti Airtel, Maruti and Power Grid were among the winners.
Brent crude, the global oil benchmark, climbed 0.61% to $96.87 per barrel.
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