Brief by Shorts91 Newsdesk / 05:28am on 07 Sep 2026,Monday India
Indian benchmark indices opened lower on September 7 as rising US-Iran tensions and higher crude oil prices weighed on investor sentiment. The Nifty declined 0.2% at the open to 23,883.15, while the Sensex fell 0.2% to 76,446.05. All sectoral indices traded lower in early trade. The rupee opened at 94.39 against the US dollar, compared with Friday’s close of 94.49. Crude oil traded near $97 per barrel as geopolitical tensions supported prices. Analysts expected domestic markets to remain weak or rangebound through the week, citing West Asia tensions, elevated oil prices, rainfall deficit, foreign portfolio investor selling and liquidity pressure from upcoming IPOs, including NSE and Jio and other new issues. (PC: Times Now)
