Nifty Sensex Today : Nifty Ends Near 23 , 900 , Sensex Falls 374 Points as Crude Oil Surges

AI summary world

Indian equity markets experienced a sharp decline on September 2, 2026, as the Sensex fell 373.93 points and the Nifty 50 dropped 141.35 points. This sell-off was primarily driven by surging crude oil prices, which rose amid escalating tensions between the US and Iran, alongside elevated global bond yields and weak overseas market cues. The rise in Brent crude, which approached $95.4 a barrel, pressured import-dependent sectors in India and increased inflationary concerns. Investors remained cautious due to these geopolitical and macroeconomic risks, while market volatility increased, as reflected in the jump of the India VIX.