Indian benchmark indices extend losses:IPO markets break 30-year-old record; oil nears $100 per barrel mark

The Indian benchmark indices Sensex and Nifty extended losses on Wednesday, 9 September, 2026 as oil prices neared the $100 per barrel mark on further flaring-up of tensions between the US and Iran. The 30-constituent index fell 588 points to level. While the broader benchmark lost 140 points. Sectorally, on the NSE, barring Nifty Metal, Healthcare and Oil Gas, all other indices traded with losses with Nifty IT falling the most by 2.76%. Primary Market Buzz: 6 IPOs Open for Bidding Investors have a busy week ahead as six public issues open for subscription today. Investors can bid for these IPOs starting today until September 11. The six companies launching their IPOs are: Global Cues: Mixed Asian Markets, US Markets Slide Asian markets showed mixed trends in early trade today. While South Korea’s Kospi and Japan’s Nikkei traded in the green, Hong Kong’s Hang Seng index edged slightly lower. In other Asian markets – mixed trend was visible This mixed performance follows a weak session on Wall Street on September 8, where all major US indices ended in the red, led by a 1.18% drop in the Dow Jones. US Markets (September 8): Institutional Activity: Domestic Investors Support Market Even as foreign portfolio investors (FPIs) continue to pull out funds, domestic institutional investors (DIIs) are actively supporting the market. DIIs have purchased shares worth ₹15,824 crore over the last seven trading sessions, offsetting foreign outflows. FII vs DII Activity (in ₹ Crore): Previous Session Recap: Indian Markets Fell on September 8 In the previous trading session on September 8, the Indian benchmark indices closed lower due to selling pressure. The BSE Sensex plunged 555 points to close at 75,578, while the NSE Nifty 50 fell 144 points to settle at 23,635.