MARKET WRAP — SEPTEMBER 2, 2026

Sensex, Nifty crash for a third straight session on global bond and oil pressure

Wed, 2 Sep 2026
Live intraday levels
3-DAY WEALTH ERODED (31 AUG – 2 SEP)
₹6.55L Cr
BSE m-cap fell to ₹483.68L Cr from ₹490.23L Cr on Aug 31, despite India posting 7.8% Q1 GDP growth.
SENSEX
▼ 809 pts
Below 76,500 · now ~76,135–76,263
NIFTY 50
▼ 269 pts
Below 24,000 · now ~23,786–23,805
BANK NIFTY
▼ 421+ pts
private banks worst hit
INDIA VIX
▲ ~4%
volatility spikes on selloff
BSE BREADTH
2,616 down
vs 1,448 up, 228 flat of 4,292
3-DAY SENSEX
▼ 1,128.79 pts
Nifty: ▼ 388.85 pts over same span
Three-session decline
Sensex & Nifty 50 points lost, Aug 31 – Sep 2
Sensex pts lost Nifty pts lost
230
80
Aug 31
89.8
39.5
Sep 1
809
269.4
Sep 2 (today)
Today's biggest laggards
Sortable · searchable · Sensex 30 names down 1–3%
Stock Move Range
Global cues driving the fall
CRUDEBrent near $96/bbl, WTI near $90–91, up on US-Iran escalation, third straight session of gains.
US YIELDS10-yr Treasury at 4.8%, highest since Oct 2023; 30-yr at 5.29%.
FEDMarkets price in ~70% odds of a rate hike this month as Chair Warsh talks tough on inflation.
WALL STS&P 500 -0.7%, Dow -0.8%, Nasdaq -1% overnight.
ASIANikkei down ~2.61%, tracking Wall Street and the global bond selloff.
RUPEEHolds near ₹94.9/$, kept stable by RBI intervention; forex reserves at $730bn, CAD just 0.5%.
GEOPOLITICSUS strikes Iranian infrastructure; Iran hits back at US assets in Bahrain, Kuwait, Jordan; 4 dead in the latest strikes.
Nifty technical map
Per Choice Equity Broking — range-bound, negative bias near term
23,800
downside extension
23,950–24,000
key support zone
24,200
immediate resistance
24,400
upside on breakout