The Indian equity markets ended the first trading session of the week on a weak note on Monday, August 31, with benchmark indices BSE Sensex and NSE Nifty50 declining as investors grappled with rising US bond yields and renewed expectations of higher interest rates following hawkish comments from US Federal Reserve Chair Kevin Warsh.
Renewed US-Iran tensions and a surge in crude oil prices above $90 a barrel also weighed on market sentiment.