Op inverting amplefier circuit

One of the limitations of the 741 op amp is that it is not a rail-to-rail op amp. There must be some headroom of at least 3V between the power supply rails and the output voltage. You need to increase the power supply rails to +/- 15V as per the datasheet.

Note: the feedback as shown is configured for closed-loop gain of -0.1V/V; that is attenuating the input signal instead of amplifying it. I think I must have misread the question initially, since it's very unusual to use an op amp for attenuation instead of gain. (Thanks @Indraneel)

A third problem is that there is no input bypass capacitors shown. Without power supply bypassing capacitors, the inductance of the power supply leads will cause the op amp to oscillate.

See also:

Reasons not to use a 741 op-amp?

https://electronics.stackexchange.com/a/15143/35022

Rules and guidelines for drawing good schematics