On 11 September, the Nifty50 closed below 23,400. The Sensex fell by 120 points during trade. Crude oil climbed past $108 a barrel. GIFT Nifty signaled a weak start for Dalal Street.
Markets wrapped up slightly lower. Cooling oil prices were named as the reason for the soft tone. Motilal Oswal stated the Nifty 50 is targeting 23,000. The VIX surged during the day. Buying remained sluggish all day. Bank Nifty trailed the broader market. Axis released the particulars of its Nifty Energy ETF.