Oil Prices and Global Tensions Drag Indian Market Lower

The Indian stock market ended marginally lower on September 1 amid higher oil prices and fresh U.S.-Iran tensions.

Oil benchmark Brent crude jumped 2.03% to $92.33 per barrel, weighing on investor sentiment.

According to Vinod Nair, Head of Research at Geojit Investments Ltd, markets are balancing India's strong growth momentum against mounting global uncertainties.

The U.S. Federal Reserve's more hawkish stance has renewed concerns about inflation and elevated interest rates for an extended period.