{"id":143023,"date":"2026-07-08T10:02:37","date_gmt":"2026-07-08T04:32:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=143023"},"modified":"2026-07-08T10:02:38","modified_gmt":"2026-07-08T04:32:38","slug":"stock-market-today-8-july-2026-sensex-nifty-iran-oil","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/","title":{"rendered":"Stock Market Today, 8 July 2026: Sensex, Nifty Open Sharply Lower as US Strikes Iran and Revokes Oil Waiver"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Stock market today, 8 July 2026: Nifty 50 opens at 24,259.55, down 139 points (-0.37%). Sensex down over 360 points. US strikes Iran, revokes oil export waiver; Brent crude jumps near 5%.<\/em><\/p>\n<p>The <strong>stock market today<\/strong>, 8 July 2026, opened sharply lower after a major overnight escalation in West Asia. <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> opened at 24,259.55, down 139.15 points or 0.37 percent, while the <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a> shed over 360 points in the pre-opening session to 77,816.45, as renewed US-Iran tension overshadowed the four-day rally that had powered the market through last week.<\/p>\n<p>The trigger is significant: the US Treasury revoked the general license that had allowed Iran to sell its sanctioned crude on the global market, and US Central Command confirmed fresh military strikes against Iran, after suspected Iranian attacks damaged a Qatari LNG carrier and a Saudi oil tanker in the Strait of Hormuz. The move unwinds a key plank of the interim US-Iran memorandum of understanding signed only weeks ago.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=stock-market-today-8-july-2026-iran-oil\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Stock_Market_Today_Key_Numbers_at_Open\" title=\"Stock Market Today: Key Numbers at Open\">Stock Market Today: Key Numbers at Open<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Why_the_Stock_Market_Today_Opened_in_the_Red\" title=\"Why the Stock Market Today Opened in the Red\">Why the Stock Market Today Opened in the Red<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Sectors_and_Stocks_Likely_in_Focus_in_the_Stock_Market_Today\" title=\"Sectors and Stocks Likely in Focus in the Stock Market Today\">Sectors and Stocks Likely in Focus in the Stock Market Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#What_Else_Is_Shaping_the_Stock_Market_Today\" title=\"What Else Is Shaping the Stock Market Today\">What Else Is Shaping the Stock Market Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Frequently_Asked_Questions_on_the_Stock_Market_Today\" title=\"Frequently Asked Questions on the Stock Market Today\">Frequently Asked Questions on the Stock Market Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Why_did_the_stock_market_today_open_lower\" title=\"Why did the stock market today open lower?\">Why did the stock market today open lower?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#What_is_the_Nifty_50_level_in_the_stock_market_today\" title=\"What is the Nifty 50 level in the stock market today?\">What is the Nifty 50 level in the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#How_did_global_markets_react_ahead_of_the_stock_market_today\" title=\"How did global markets react ahead of the stock market today?\">How did global markets react ahead of the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#How_much_did_crude_oil_prices_rise\" title=\"How much did crude oil prices rise?\">How much did crude oil prices rise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Which_sectors_are_likely_to_be_affected_in_the_stock_market_today\" title=\"Which sectors are likely to be affected in the stock market today?\">Which sectors are likely to be affected in the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#What_other_events_are_shaping_the_stock_market_today\" title=\"What other events are shaping the stock market today?\">What other events are shaping the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-8-july-2026-sensex-nifty-iran-oil\/#Should_investors_sell_equities_given_todays_stock_market_weakness\" title=\"Should investors sell equities given today&#8217;s stock market weakness?\">Should investors sell equities given today&#8217;s stock market weakness?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Key_Numbers_at_Open\"><\/span><strong>Stock Market Today: Key Numbers at Open<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<tbody>\n<tr>\n<th style=\"background: #1F3864; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #DDDDDD;\">Metric<\/th>\n<th style=\"background: #1F3864; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #DDDDDD;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Nifty 50 Open<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">24,259.55 (-139.15 pts, -0.37%)<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Sensex (Pre-Open)<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">77,816.45 (-364.27 pts, -0.47%)<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Gift Nifty (Pre-Market)<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Down ~0.78-0.83% vs Nifty 50<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Nikkei 225<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">-0.48%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Kospi<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">-0.76%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Dow Jones (Overnight)<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">-0.25%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">S&amp;P 500 (Overnight)<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">-0.45%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Rupee vs USD<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">95.17, down 20 paise from 94.97<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Brent Crude<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Near $75.50-75.88, up ~5% post-settlement<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">WTI Crude<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Near $72.20, up ~5%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">Gold Futures<\/td>\n<td style=\"background: #F9F9F9; padding: 8px 12px; border: 1px solid #DDDDDD;\">-0.99%<\/td>\n<\/tr>\n<tr>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">Silver Futures<\/td>\n<td style=\"background: #FFFFFF; padding: 8px 12px; border: 1px solid #DDDDDD;\">-1.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_Stock_Market_Today_Opened_in_the_Red\"><\/span><strong>Why the Stock Market Today Opened in the Red<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The core driver behind the stock market today is a sharp reversal in West Asia sentiment. Iran had appeared to be de-escalating in recent sessions, and markets had rallied on hopes that the Strait of Hormuz, through which roughly a fifth of global oil flows, would stay open. That changed after three vessels were struck by projectiles in or near the strait over the past 24 hours. The US responded by cancelling Iran&#8217;s oil sales waiver and launching retaliatory strikes, with a US official warning that Iran would &#8220;only reap benefits if they exhibit good behaviour.&#8221;<\/p>\n<p>For Indian markets, the read-through is direct: higher crude prices lift India&#8217;s import bill and pressure the rupee, both of which weigh on equities broadly and on oil-sensitive sectors specifically, even as OPEC+&#8217;s continued supply increases and Saudi Arabia&#8217;s aggressive price cuts to Asia suggest the global oil market itself remains comfortably supplied over the medium term.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get Research-Backed Stock Ideas from a SEBI Registered Investment Advisor<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sectors_and_Stocks_Likely_in_Focus_in_the_Stock_Market_Today\"><\/span><strong>Sectors and Stocks Likely in Focus in the Stock Market Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oil marketing companies, aviation stocks such as <a href=\"https:\/\/univest.in\/stocks\/indigo\/interglobe-aviation-ltd-share-price-today\">InterGlobe Aviation<\/a>, tyre makers and paint companies typically come under pressure when crude spikes, given the direct hit to input costs or fuel expenses, while upstream energy names such as <a href=\"https:\/\/univest.in\/stocks\/reliance\/reliance-industries-ltd-share-price-today\">Reliance Industries<\/a> can see a more mixed reaction depending on refining margin dynamics. Defence stocks including <a href=\"https:\/\/univest.in\/stocks\/bel\/bharat-electronics-ltd-share-price-today\">Bharat Electronics<\/a> have historically drawn interest during periods of escalating geopolitical tension, on expectations of continued order momentum.<\/p>\n<p>Stock-specific stories from Tuesday also remain in play: <a href=\"https:\/\/univest.in\/stocks\/trent\/trent-ltd-share-price-today\">Trent<\/a> continues to digest a split brokerage verdict after its Q1 crash, while <a href=\"https:\/\/univest.in\/stocks\/cochinship\/cochin-shipyard-ltd-share-price-today\">Cochin Shipyard<\/a> sees retail bidding continue in its government OFS at a Rs 1,400 floor price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Else_Is_Shaping_the_Stock_Market_Today\"><\/span><strong>What Else Is Shaping the Stock Market Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the Iran escalation, the stock market today carries two other threads. First, <a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">TCS<\/a> reports Q1 FY27 results after market hours tomorrow, July 9, and will set the tone for the rest of the IT earnings season, a sector that had rallied sharply into this week before today&#8217;s risk-off tone. Second, the Kusumgar IPO opens for subscription today, seeking to raise Rs 650 crore entirely through an offer for sale, adding to what has already been an active primary market week.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the stock market today live with real-time index and stock data.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market today opened sharply lower as a fresh US-Iran escalation, US strikes following attacks on commercial shipping in the Strait of Hormuz, and Washington&#8217;s decision to revoke Iran&#8217;s oil export waiver, sent crude prices up nearly 5 percent overnight and rattled Asian markets. Nifty 50 opened down 0.37 percent at 24,259.55, ending last week&#8217;s four-day winning streak. Oil-sensitive sectors and defence stocks are likely to be in sharper focus through the session, while TCS&#8217;s Q1 results tomorrow remain the other major catalyst on the horizon.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_the_Stock_Market_Today\"><\/span><strong>Frequently Asked Questions on the Stock Market Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_stock_market_today_open_lower\"><\/span><strong>Why did the stock market today open lower?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock market today opened lower after the US revoked Iran&#8217;s general license to sell oil globally and launched military strikes in response to suspected Iranian attacks on commercial vessels in the Strait of Hormuz, sending crude oil prices up nearly 5 percent overnight.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Nifty_50_level_in_the_stock_market_today\"><\/span><strong>What is the Nifty 50 level in the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Nifty 50 opened at 24,259.55 in the stock market today, down 139.15 points or 0.37 percent, ending a four-day winning streak.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_global_markets_react_ahead_of_the_stock_market_today\"><\/span><strong>How did global markets react ahead of the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Asian markets traded lower, with Japan&#8217;s Nikkei down 0.48 percent and South Korea&#8217;s Kospi down 0.76 percent, while US markets closed lower overnight with the Dow down 0.25 percent and the S&amp;P 500 down 0.45 percent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_crude_oil_prices_rise\"><\/span><strong>How much did crude oil prices rise?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Brent crude rose to around $75.50 to $75.88 per barrel and WTI crude to around $72.20, both up close to 5 percent, after the US revoked Iran&#8217;s oil sales waiver and launched fresh strikes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_sectors_are_likely_to_be_affected_in_the_stock_market_today\"><\/span><strong>Which sectors are likely to be affected in the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil marketing companies, aviation, tyre and paint stocks are typically pressured by rising crude prices, while defence stocks often see renewed interest during periods of geopolitical escalation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_other_events_are_shaping_the_stock_market_today\"><\/span><strong>What other events are shaping the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> TCS reports Q1 FY27 results after market hours tomorrow, July 9, setting the tone for the IT earnings season, while the Kusumgar IPO, seeking to raise Rs 650 crore via an offer for sale, opens for subscription today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_sell_equities_given_todays_stock_market_weakness\"><\/span><strong>Should investors sell equities given today&#8217;s stock market weakness?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Geopolitical-driven sell-offs can reverse quickly. Evaluate your portfolio&#8217;s sector exposure and consult a SEBI registered financial advisor before making decisions.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did the stock market today open lower?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock market today opened lower after the US revoked Iran's general license to sell oil globally and launched military strikes in response to suspected Iranian attacks on commercial vessels in the Strait of Hormuz, sending crude oil prices up nearly 5 percent overnight.\"}},{\"@type\":\"Question\",\"name\":\"What is the Nifty 50 level in the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Nifty 50 opened at 24,259.55 in the stock market today, down 139.15 points or 0.37 percent, ending a four-day winning streak.\"}},{\"@type\":\"Question\",\"name\":\"How did global markets react ahead of the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Asian markets traded lower, with Japan's Nikkei down 0.48 percent and South Korea's Kospi down 0.76 percent, while US markets closed lower overnight with the Dow down 0.25 percent and the S&P 500 down 0.45 percent.\"}},{\"@type\":\"Question\",\"name\":\"How much did crude oil prices rise?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Brent crude rose to around $75.50 to $75.88 per barrel and WTI crude to around $72.20, both up close to 5 percent, after the US revoked Iran's oil sales waiver and launched fresh strikes.\"}},{\"@type\":\"Question\",\"name\":\"Which sectors are likely to be affected in the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil marketing companies, aviation, tyre and paint stocks are typically pressured by rising crude prices, while defence stocks often see renewed interest during periods of geopolitical escalation.\"}},{\"@type\":\"Question\",\"name\":\"What other events are shaping the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"TCS reports Q1 FY27 results after market hours tomorrow, July 9, setting the tone for the IT earnings season, while the Kusumgar IPO, seeking to raise Rs 650 crore via an offer for sale, opens for subscription today.\"}},{\"@type\":\"Question\",\"name\":\"Should investors sell equities given today's stock market weakness?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Geopolitical-driven sell-offs can reverse quickly. Evaluate your portfolio's sector exposure and consult a SEBI registered financial advisor before making decisions.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stock market today, 8 July 2026: Sensex, Nifty open lower after US strikes Iran and revokes its oil export waiver, sending crude up nearly 5%. 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