Closing Bell, 2 September 2026: Sensex And Nifty Decline

On the heels of a decline in global equities due to renewed US-Iran tensions, inflation and Fed rate-hike concerns, domestic benchmarks closed today's trading session in the red. At the closing bell, the:

• Nifty 50 stood at 23,914.45, down 0.59%

• BSE Sensex stood at 76,570.35, down 0.49%

Broader markets also declined. The Nifty Midcap 100 closed 0.53% lower. On the other hand, the Nifty Smallcap 100 closed 0.37% lower. Sector-wise, the Nifty Auto, the Nifty FMCG, Nifty Pharma and Nifty Healthcare underperformed (see table).

Nifty 50 Today: Gainers And Losers

Stocks of the following entities were the top five gainers and losers on the Nifty 50 index today:

Gold And Silver Prices Today

Gold and silver prices declined and they traded lower on the Multi-Commodity Exchange of India (MCX), following the flare-up of tensions in the Middle East. At 15:28, MCX gold prices for October futures stood at ₹1,50,264 per 10 grams, down 0.97%. MCX silver prices for September futures during the same time stood at ₹2,27,101 per kg, down 1.07%.

Other News Headlines

Here are some other headlines for the day:

• According to a report, capital inflows under Foreign Currency Non-Resident (Bank) deposit schemes crossed the $100 billion mark by the 31 August deadline.

• As per reports, a team from the international investment arm of the Oil & Natural Gas Corporation (ONGC) has landed in Venezuela to review the country's assets following a green signal from the US.

• Foreign institutional investors purchased equities worth ₹29,631 crore in August 2026. This marked their largest monthly net inflow in 23 months.

Crude Oil Prices Today

Crude oil prices climbed over 2% in early trade following the escalation of hostilities between the US and Iran. At around 15:38, Brent crude oil November futures stood at $95.11 per barrel. At the same time, West Texas Intermediate (WTI) crude oil October futures stood at $90.45 per barrel.

What’s Next?

Domestic equities are likely to remain sensitive to global cues in the next few sessions. Industry watchers opine that US-Iran tensions, crude oil prices and expectations around the US Federal Reserve’s rate path are likely to influence investor sentiment.

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