Closing Bell, 11 August 2026: Benchmarks Close In The Red

  • Posted: 11 Aug 2026, 5:43 PM IST
  • 4 Min. Read

Closing Bell, 11 August 2026
Sensex and Nifty closed lower amid uncertainty over US-Iran talks

Sensex and Nifty closed in the red in today's trading session. Geopolitical uncertainty surrounding US-Iran talks and the Strait of Hormuz negatively affected investors' sentiments. Read more.

The Sensex and the Nifty 50 ended the day in deep red in today's trading session. Uncertainty over the US-Iran peace deal and developments surrounding the critical Strait of Hormuz dragged benchmarks. At the closing bell, the:

  • BSE Sensex stood at 78,154.25, down 0.49%

  • Nifty 50 stood at 24,471.70, down 0.46%

Broader markets ended the day mixed. The Nifty Midcap 100 index ended 0.02% lower. On the other hand, the Nifty Smallcap 100 index ended 0.22% higher.

Sector-wise, the Nifty IT and Nifty Pharma outperformed. On the other hand, the Nifty Private Bank and Nifty Cement underperformed (see table).

Given below are the top five gainers and losers on the Nifty 50 index today:

Gold and silver traded mixed on the Multi-Exchange Commodity (MCX). At 15:21, MCX gold prices stood at ₹1,53,750 per 10 grams, up 0.43%. MCX silver price during the same time stood at ₹2,36,162 per kg, down 0.30%.

Some of the other major headlines of the day are as follows:

  • The State Bank of India (SBI) is seeking to tap the dollar bond market with a five-year issue and aims to raise at least $500 million.

  • Bharat Electronics Ltd has secured additional defence orders worth ₹541 crore, boosting its order pipeline.

  • Equity mutual fund inflows declined 15% in July to ₹24,697 crore. It stood at ₹28,973 crore in June.

Crude oil prices surged largely due to the fading hopes of a truce between the US and Iran and the reopening of the Strait of Hormuz. At 15:37, Brent oil futures for October 2026 stood at $89.65 per barrel. During the same time, West Texas Intermediate (WTI) crude oil futures for September 2026 stood at $84.09 per barrel.

In the next few trading sessions, market participants will closely watch the US-Iran talks, developments around the Strait of Hormuz and movements in crude oil prices. Changes in global risk sentiment and foreign institutional flows are also likely to influence market direction.

Also Read - Siemens Q1 FY 2026-27 Results: Net Profit Jumps 5X To Rs 2,143 Crore, EBITDA Margin Contracts

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer

About the Author
Vishwa Ved
Vishwa Ved

Vishwa is a content and SEO strategist with 10+ years of experience across fintech and FMCG. She has a knack for connecting dots others miss, spotting trends early, and finding angles on topics most miss to question.

At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide.

Outside work, she's drawn to art, painting and architecture, and enjoys travelling to explore them firsthand.