New Delhi, Sept. 7 -- The Indian stock market ended lower for the fourth consecutive week for the week ended 4 September, with the Sensex declining nearly 1% and the Nifty falling around 1.15% due to rising crude prices, higher bond yields and renewed concerns over US Federal Reserve rate hikes.

On Friday, 4 September, the Nifty broke below the crucial 24,000 mark during the week and briefly slipped below 23,800, filling the gap area created on 27 July 2026.

The daily RSI has also fallen to a two-month low, indicating a clear loss of momentum.

Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, said while the broader structure remains constructive, the current price action lacks strength ...