Sensex and Nifty Volatility: Market Declines Amid Geopolitical Tensions

Indian stock markets experienced significant volatility on August 31, 2026, with the Sensex and Nifty indices fluctuating throughout the day. The market opened lower due to high Brent crude oil prices and declines in Asian markets, with Sensex falling over 100 points in the pre-opening session and Nifty below 24,150. Major players like Infosys and Tata Steel contributed to the downturn, while HDFC Bank shares rose unusually. Market sentiment was dominated by sellers, leading to more declining stocks than advances. Geopolitical tensions, particularly between Iran and the US, also impacted market performance. The Sensex and Nifty traded flat midday but closed lower, with the Sensex down 307.24 points at 76,957.27 and the Nifty down 95.25 points at 24,080.40. Gold and silver prices soared, while the rupee gained 26 paise.