Equity Alert
To open lower as oil prices touch near four-month high
This story was originally published at 08:42 IST on 11 September 2026
Register to read our real-time news.Informist, Friday, Sept. 11, 2026 Tel +91 (22) 6985-4000
Equity Alert: To open lower as oil prices touch near four-month high
MUMBAI--0825 IST--Domestic benchmark indices are expected to open lower Friday as the escalating war in West Asia pushed Brent crude oil prices to a nearly four-month high of $109 a barrel. GIFT Nifty's September futures contract also suggested a lower opening for the domestic benchmarks. Most Asian equity indices were lower in early trade Friday.
US President Donald Trump said Thursday that he does not regret the ongoing Iran war despite the impact the conflict may have on the November US midterm elections, according to a Mint report. "I don't believe in the word 'regret,'" Trump told Fox News, according to the report. "You can always question yourself a little bit. If I had it to do again, I would do exactly as I did," he added.
At 0819 IST, the November delivery of Brent crude oil was marginally higher from its previous close at $107.87 a barrel on the Intercontinental Exchange. In a week, the crude oil futures contract gained 12% amid the escalation in the war in West Asia. Iran-backed Houthis have seized the Red Sea city of Mocha Thursday, expanding control over the strategic Bab al-Mandeb Strait, one of the world's most important trade routes, according to reports.
With crude oil prices surging, Treasury yields also reached multi-year highs Thursday, raising the stakes for next week's Federal Reserve meeting, according to Dow Jones Newswires. The benchmark 10-year yield rose 0.104 percentage points to 4.943%, its highest level since October 2023.
At 0820 IST, the September futures contract of the GIFT Nifty was largely flat from its previous close at 23333.50. This was nearly 145 points lower than the Nifty 50's Thursday close of 23477.80, indicating a fall in the benchmark index Friday. "The benchmark Nifty (50) index settled on a flat note after a lacklustre trading session in which neither bulls nor bears were able to drive the market in their direction," Vipin Kumar, assistant vice president of research at Globe Capital Market, said. "Looking ahead, a bounce toward the 23600–23650 spot range would attract fresh selling interest among traders as long as the index trades below the 23800 spot level. Downside support is positioned around the 23200–23000 spot levels," he said.
Among Asian equity indices, Japan's Nikkei 225 was hit hardest, down nearly 3%. South Korea's KOSPI was also down more than 2%. All three major US indices closed nearly 1% lower on Thursday. (Arundathi A R)
Equity Alert: US indices end lower on high crude oil prices, PPI data
MUMBAI--0735 IST--Major US indices ended lower Thursday after Brent crude oil futures crossed $107 per barrel and the US producer price index for August rose 0.4% on month and 5.4% on year. The annualised rise in inflation was slightly warmer than expectations, increasing the odds of the US Federal Reserve hiking interest rates this month. Investors now await the consumer inflation print due Friday. All three major US
indices ended nearly 1% lower Thursday, falling for the fourth consecutive day.
"This report (PPI) points to cost increases in the pipeline and will support the case of those on the committee who want to hike rates now," Carl Weinberg, chief economist at High Frequency Economics, was quoted as saying by Reuters.
US Treasury yields were up, with the 10-year Treasury yield gaining 12 basis points and settling at 4.95%. The Treasury Department completed a $5.19 billion buyback of the $6 billion in long-term bonds it had announced to manage rising yields as energy prices keep climbing due to the US-Iran war.
On Wall Street, heavyweight chip stocks fell. Nvidia and Micron Technologies closed more than 2% and nearly 5% lower, respectively. Apple gained nearly 4% a day after it launched new products. Volume on the exchanges was up, with 15.1 billion shares traded Thursday, compared to an average of 14.9 billion shares in the past 20 sessions, a Reuters report said.
Following are the closing levels of key indices in the region:
|
Index |
Level |
Change in % |
|
Dow Jones Industrial Average |
52064.10 | (-)0.6 |
|
NASDAQ Composite |
26081.73 | (-)0.7 |
|
S&P 500 |
7591.70 | (-)0.6 |
(Vidhi Thacker)
US$1 = INR 95.45
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Saji George Titus
All prices from National Stock Exchange, unless otherwise specified.
All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.
All times are Indian Standard Time.
NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India
Internet links:
Securities and Exchange Board of India - https://www.sebi.gov.in
Bombay Stock Exchange - https://www.bseindia.com
National Stock Exchange of India - https://www.nseindia.com
Directory of Indian government websites - https://igod.gov.in/
Indian Ministry of Finance - https://igod.gov.in/organization/Ic4zv3QBGZk0jujBKgGW
Reserve Bank of India - https://rbi.org.in
Controller General of Accounts, Government of India - https://cga.gov.in/
Government's Press Information Bureau - https://www.pib.gov.in
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe


