π Sensex and Nifty slide amid US-Iran tensions
The Sensex and Nifty both extended their losses for the second consecutive day due to renewed tension between the US and Iran. The Sensex fell to 76,944.28, while the Nifty50 closed at 24,055.80 on Tuesday, September 1, 2026. Broader markets saw Nifty MidCap and Nifty SmallCap end down by 1.39% and 0.23%, respectively. Concerns over inflation and hawkish Fed policy are keeping investor sentiment cautious despite strong domestic growth. The market is now watching the 23,950 zone as a crucial support level going forward. π