Sensex Finishes Lower
2026-08-31 11:04
By
Luisa Carvalho
1 min. read
India’s BSE Sensex closed about 0.4% down at 76,957.3 on Monday, reversing the prior session's gains, as rising crude oil prices amid escalating US-Iran tensions and concerns over US interest rates kept investors cautious.
India’s new closing-price mechanism for stocks with futures and options, coupled with an MSCI index rebalancing, also added to market pressure.
Adani Ports (-4.1%), ITC (-3.7%), Bharti Airtel (-2.8%), Infosys (-1.5%) and Kotak Mahindra Bank (-1.3%) were among the biggest laggards.
Heavyweight HDFC Bank fell about 1.5% after its CEO Sashidhar Jagdishan said he would not seek a third term in October.
On the upside, Sun Pharma (1.9%), ICICI Bank (1.7%), Axis Bank (1.5%) and State Bank of India (1.3%) posted the biggest gains.
The index recorded a monthly loss of around 1.5% in August.