business ๐ Sensex and Nifty dip amid global tensions
Indian benchmark indices, SENSEX and NIFTY50, ended in negative territory on Monday, August 31. This downturn occurred amid a sell-off in media and metal stocks and rising crude oil prices due to US-Iran tensions. Specifically, the BSE SENSEX closed at 76,957.27, while NIFTY ended at 24,080.40 on that day. Investor sentiment was also affected by foreign investment outflows and MSCI's recent rebalancing. Going forward, the market awaits further global cues and the impact of the MSCI index reshuffle.