Nifty Outlook for September 8: What next for the index after 1,000-point correction from August peak?

After Friday's modest pullback, the benchmark Nifty50 resumed its decline on Monday, falling 118 points to close at 23,779.15. The index slipped below the key 23,800 level as heightened geopolitical tensions and elevated crude oil prices weighed on sentiment.The Nifty opened 14 points lower and rem…