| Market Pulse |
Monday, 8 June, 2026 |
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Market Snapshot
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📊
Nifty 50
23,366.7
-0.21%
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📈
Sensex
74,243.34
-0.16%
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🏦
Bank Nifty
54,496.25
+0.35%
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The Indian markets experienced a mixed performance today with Nifty 50 and Sensex declining slightly by 0.21% and 0.16% respectively, while Bank Nifty gained 0.35%. This movement reflects global investor caution ahead of a possible rate hike by the Federal Reserve, which could lead to outflows from emerging markets like India. Additionally, geopolitical tensions in the Middle East are adding pressure by potentially increasing oil prices, which could impact India's import bill and inflation. The government's decision to remove capital gains tax on FII bond investments is a positive development for the banking sector, potentially boosting foreign inflows.
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The Big Story
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📰 FEATURED
India eliminates capital gains tax on FII bond investments
Banking
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Expect increased FII activity; positive for banking and financial sectors.
WHY IT MATTERS
Elimination of capital gains tax on FII bond investments likely to increase foreign inflows.
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Quick Takes
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global macro • negative
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Stocks reel from a coming rate hike — and brace for a huge IPO this week
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Investors should brace for volatility as global rate hike concerns may trigger market corrections.
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Read full report →
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markets • negative
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Gift Nifty signals weak start for Indian markets as global selloff deepens
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Prepare for potential market downturns; consider defensive stocks or hedging strategies.
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Read full report →
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india macro • negative
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India Inc hikes prices, shrinks packs as Iran war squeezes margins
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Expect margin pressures in FMCG sector; consider defensive stocks.
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Read full report →
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company • positive
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Institutional buying drives Rs 15,000 crore block deal activity across Adani group stocks
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Consider exposure to Adani group stocks as institutional interest may drive further gains.
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Read full report →
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global macro • negative
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Missiles fly again: Iran strikes Israel after Beirut attack, raising fears of wider conflict
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Monitor energy stocks and inflation-sensitive sectors for volatility.
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Read full report →
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global macro • negative
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Israeli military says it struck targets in western and central Iran
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Energy sector may face pressure; watch for currency fluctuations.
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Read full report →
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FII / DII Activity
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FII/FPI
Sold
₹40 Cr
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DII
Bought
₹930 Cr
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FIIs sold ₹40 Cr, DIIs bought ₹930 Cr today.
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Market Breadth
Advances: 940 ·
Declines: 774 ·
A/D Ratio: 1.21
Selective selling - index down but many stocks up
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Sector Performance
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Media
+3.5%
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Realty
+0.6%
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PSU Bank
+0.5%
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Bank
+0.3%
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Pharma
+0.3%
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FMCG
+0.2%
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Fin Services
+0.1%
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Auto
+0.1%
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Energy
-0.2%
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Infra
-0.3%
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IT
-1.0%
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Metal
-1.6%
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Media, Realty led gains while IT, Metal underperformed. Cyclicals leading indicates risk-on appetite.
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Technical Levels
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Nifty 50
| Support |
23,212 / 23,056 |
| Resistance |
23,539 / 23,712 |
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Bank Nifty
| Support |
53,768 |
| Resistance |
54,579 |
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Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
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Global Cues
| S&P Futures: +0.10%
Global cues mixed; expect range-bound opening
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Commodities & Forex
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Gold
₹1,55,600
-2.47%
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Silver
₹2,48,201
-6.27%
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USD/INR
Rs 94.94/USD
+0.00%
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Macro / Economic Events
| 📌 |
2 earnings results expected |
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| 📌 |
RBI Monetary Policy Decision |
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Looking Ahead
| 👀 |
RBI Monetary Policy Decision |
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Corporate Actions
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ITC
Inside SpaceX's IPO pitch: $18.7 billion revenue, booming Starlink profits and a costly AI bet
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Earnings Calendar
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TIRUPATI INNOVAR
8 Jun
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Healthy Life Agritec
8 Jun
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DISCLAIMER
This newsletter is for informational and educational purposes only. It is not investment advice.
Markets are subject to risks, and past performance is not indicative of future results.
Consult a registered financial advisor before making investment decisions. We are not registered
investment advisors with SEBI or any other regulatory body.
AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.
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