Brent Crude Surges Above $91, Indian Market Faces Weak Opening

The Indian stock market is set for a weak opening on Tuesday, September 1, 2026, as geopolitical tensions in the Middle East drive global crude oil prices higher.

Brent crude has climbed above $91 per barrel, which often acts as a negative trigger for the Indian economy due to its reliance on imported oil.

The rise in energy costs can lead to inflationary pressure and forces investors to re-evaluate the profit margins of energy-intensive industries, including manufacturing, chemicals, and transportation.

Foreign Institutional Investors (FIIs) remained net sellers in the previous trading session, offloading equities worth approximately ₹7,985 crore, which has offset the support provided by Domestic Institutional Investors (DIIs).