Sensex today | Stock Market Highlights: Sensex down 120 pts, Nifty closes at 23,398, logs 5th weekly loss as oil fears grip markets
Sensex, Nifty, Stock Price Highlights: Benchmark indices Sensex and Nifty ended marginally lower on Friday after registering sharp losses during the day following a drop in crude oil prices and buying in blue-chip HDFC Bank and IT stocks.
On September 11, 2026, the Bombay Stock Exchange's Sensex closed 120.83 points or 0.16 percent down at 74,781.76. Throughout the day, the index experienced a decline of 742.43 points or 0.99 percent, settling at 74,160.16. The Nifty 50, a benchmark index from the National Stock Exchange, closed 79.70 points or 0.34 percent lower at 23,398.10.
The intraday drop reached 246.4 points or 1.04 percent, reaching 23,231.40. The market-wide sell-off affected 14 out of the 16 major sectors, with small and mid-cap stocks also witnessing a decline of 0.9 percent and 1.4 percent respectively. The Indian rupee weakened 1% this week, marking its sharpest drop since mid-May. Oil prices surged over 8% to $104 per barrel, driven by attacks on tankers in the Strait of Hormuz and threats to Saudi oil exports through the Red Sea.
Several major Sensex firms, including Tata Steel, Reliance Industries, Sun Pharma, Bajaj Finance, NTPC, Power Grid, Larsen & Toubro, and Axis Bank, underperformed as a result of the market downturn.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
