Stock markets end lower amid simmering geopolitical tensions, elevated crude oil prices
Indian stock markets closed lower on Monday due to geopolitical tensions in the Middle East and concerns over potential U.S. sanctions on Iran. Despite the decline, some sectors like metals and telecommunications saw gains while banking stocks struggled.
Why it matters
Market volatility driven by geopolitical instability underscores the sensitivity of global financial markets to energy prices and international trade sanctions.
Benchmark equity indices Sensex and Nifty ended lower on Monday (August 24, 2026) as persistent geopolitical tensions and elevated crude oil prices hampered risk appetite.
Investors remained cautious ahead of fresh U.S. sanctions on Iran, experts said.
Despite a positive beginning, the 30-share BSE Sensex failed to carry forward the momentum and declined 171.72 points, or 0.22%, to settle at 77,369.11. During the day, it dropped 339.17 points, or 0.43%, to 77,201.66.
The 50-share NSE Nifty slipped 32.95 points, or 0.14%, to end at 24,219.05.
Among the 30 Sensex firms, Adani Ports, Bharat Electronics, Bajaj Finance, Bajaj Finserv, Trent, Axis Bank, State Bank of India, and Tata Consultancy Services were among the laggards.
Tata Steel, HCL Tech, Infosys, and Hindustan Unilever were among the major winners.
Brent crude, the global oil benchmark, dropped 1.68% to $92.80 per barrel.
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