On 11 September, the Nifty50 settled under 23,400. The Sensex dropped 120 points on the day. Crude oil climbed past $108 a barrel. GIFT Nifty pointed to a soft opening for Dalal Street.
Markets wrapped up marginally down. Cooling oil prices were named as the reason for the soft tone. Motilal Oswal stated the Nifty 50 is aiming for 23,000. The VIX spiked during the day. Buying was subdued all day. Bank Nifty lagged the broader market. Axis put out details of its Nifty Energy ETF.