Indian Share Market Update — 11 September 2026

Indian markets are under strong selling pressure today. Nifty 50 fell around 0.92% to 23,261, while Sensex declined 0.84% to 74,273, with both hitting their lowest levels since June. The main trigger is the sharp rise in Brent crude above $108/barrel amid escalating Middle East tensions, raising concerns about inflation and interest rates. Metals, financials and auto stocks are among the major weak sectors. 📌 Stock in Focus: ONGC

ONGC is showing relative strength despite the broader market sell-off, gaining around 1.3% as higher crude prices can improve earnings for upstream oil producers. This makes ONGC an interesting stock to watch while crude remains elevated. Market view: 🔴 Bearish/volatile Key theme: Rising crude + geopolitical risk Stock to watch: ONGC