{"id":3628,"date":"2026-08-31T23:37:35","date_gmt":"2026-08-31T18:07:35","guid":{"rendered":"https:\/\/newsaxis.com\/?p=3628"},"modified":"2026-08-31T23:37:36","modified_gmt":"2026-08-31T18:07:36","slug":"sensex-nifty-end-lower-as-it-metal-realty-stocks-weigh-on-market","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=3628","title":{"rendered":"Sensex, Nifty end lower as IT, metal, realty stocks weigh on market"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"400\" data-id=\"3629\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/08\/sensex-1-3.jpg\" alt=\"\" class=\"wp-image-3629\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/08\/sensex-1-3.jpg 273w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/08\/sensex-1-3-205x300.jpg 205w\" sizes=\"auto, (max-width: 273px) 100vw, 273px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, Indian benchmark indices ended lower on Monday, weighed down by selling pressure in IT, metal, realty and media stocks amid weak global cues.<\/p>\n\n\n\n<p>The Sensex declined 307.24 points, or 0.40 per cent, to settle at 76,957.27, while the Nifty fell 95.25 points, or 0.39 per cent, to close at 24,080.40.<\/p>\n\n\n\n<p>Commenting on Nifty technical outlook, experts said that in the near term, the index may witness a minor pullback towards 24,180\u201324,200.<\/p>\n\n\n\n<p>&#8220;However, the higher levels are likely to act as resistance. A sustained move above 24,200 could trigger a further rise of around 100 points. On the downside, support is placed at 23,990. A sustained break below this level could resume the correction in the market,&#8221; an analyst stated.<\/p>\n\n\n\n<p>ITC, Bharti Airtel and Eternal emerged as the biggest losers on the Nifty index, dragging the benchmark lower.<\/p>\n\n\n\n<p>In the broader market, performance was mixed. The Nifty MidCap index managed to gain 0.24 per cent, while the Nifty SmallCap index declined 0.74 per cent.<\/p>\n\n\n\n<p>Sectoral performance was also uneven. The Nifty Media, Nifty Metal, Nifty Realty and Nifty IT indices underperformed the broader market.<\/p>\n\n\n\n<p>In contrast, the Nifty Auto and Nifty Private Bank indices emerged as the key outperformers, providing some support to the market.<\/p>\n\n\n\n<p>Market experts said that the overall market mood remained cautious as investors tracked weak global signals and sector-specific selling pressure.<\/p>\n\n\n\n<p>&#8220;Escalating tensions between the US and Iran have kept investors on edge, as fading prospects of a diplomatic breakthrough pushed crude oil prices and global bond yields higher,&#8221; a market expert stated.<\/p>\n\n\n\n<p>&#8220;Rising crude oil prices and bond yields have renewed concerns over energy-led inflation and a higher interest rate environment, which could weigh on the earnings cycle,&#8221; an analyst added.<\/p>\n\n\n\n<p>Meanwhile, the Indian rupee staged a stellar two-day comeback to close at its strongest level since August 5, successfully overcoming an early dip triggered by a Friday\u2019s surge in the dollar index following hawkish remarks from Fed Chair Warsh at Jackson Hole symposium.<\/p>\n\n\n\n<p>&#8220;From a technical perspective, spot USDINR continues to navigate a defined range, encountering immediate resistance at 95.50 and firm support at 94.90,&#8221; a market expert stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, Indian benchmark indices ended lower on Monday, weighed down by selling pressure in IT, metal, realty and media stocks amid weak global cues. The Sensex declined 307.24 points, or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-3628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/3628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3628"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/3628\/revisions"}],"predecessor-version":[{"id":3630,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/3628\/revisions\/3630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/3629"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}