Stock markets extends losing streak to 4th day; Sensex slides 417 points amid rising crude, IT sell-off
Indian stock markets experienced a fourth consecutive day of losses, with the Sensex falling 417 points due to rising crude oil prices and a sell-off in IT stocks. Despite the downturn, some sectors like banking and realty showed resilience.
Why it matters
The market decline reflects investor anxiety over global geopolitical tensions and the economic impact of fluctuating energy costs on the Indian economy.
Benchmark equity indices extended their losing streak to a fourth consecutive day on Thursday (September 3, 2026), with the Sensex tumbling 417 points as rising crude oil prices and losses in IT stocks weighed on investor sentiment.
Besides, profit-booking in the final hour of trade further dragged the benchmark lower.
The 30-share BSE Sensex dropped 417.49 points, or 0.55%, to close at 76,152.86. The index opened higher and rose 354.13 points, or 0.46 per cent, to hit an intraday high of 76,924.48 before paring gains during the closing session.
The 50-share NSE Nifty slipped 41 points, or 0.17%, to settle at 23,873.45.
Among the 30 Sensex firms, Titan, Trent, ITC, Mahindra & Mahindra, Bajaj Finserv, HCL Technologies, Tech Mahindra, Sun Pharmaceuticals, Tata Consultancy Services, UltraTech Cement and Bajaj Finance were the major laggards.
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