Stock markets fall for third day amid escalating tensions in West Asia, higher oil prices weigh
Indian stock markets, including the Sensex and Nifty, fell for the third consecutive day due to global tensions in West Asia and rising oil prices. Investors are adopting a risk-off approach as energy supply concerns impact market sentiment.
Why it matters
Market volatility driven by geopolitical conflict highlights the vulnerability of emerging economies to global energy price fluctuations.
Stock markets declined for the third consecutive day on Wednesday (September 2, 2026), with the benchmark Sensex closing nearly 374 points lower amid a bearish trend in global equities and higher oil prices due to escalating conflict in West Asia.
The 30-share BSE Sensex dropped 373.93 points, or 0.49%, to settle at 76,570.35, dragged by selling in auto, IT, and banking shares. During the day, it tumbled 808.56 points, or 1.05%, to 76,135.72.
The 50-share NSE Nifty slumped 141.35 points, or 0.59%, to end at 23,914.45. The index moved between a high of 23,914.45 and a low of 23,786.80 during the day.
Among the 30 Sensex firms, Asian Paints, HDFC Bank, Mahindra & Mahindra, HCL Tech, Bharat Electronics and Infosys were the major laggards.
Adani Ports, Bajaj Finserv, Power Grid, NTPC and Titan were among the winners.
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