Latest Market News Today Live Updates September 5, 2024: OPEC+ to pause planned October oil output hike of 180,000 bpd for two months after crude crashes to 14-month low |

On September 5, 2024, the Sensex and Nifty 50 indices closed in the red, reflecting a downturn in the stock market. Additionally, SEBI workers staged a protest at the Mumbai headquarters, highlighting concerns over working conditions and policies. In corporate news, Reliance Industries Limited (RIL) board approved a 1:1 rights issue, aimed at raising capital and supporting the company’s expansion plans. The market's decline and the ongoing protest underscore the volatility and challenges in the financial sector, while the rights issue reflects RIL’s strategic efforts to bolster its financial position.