Market snapshot
Nifty 5024,080.40-0.04%
Sensex76,957.27+0.03%
Bank Nifty58,024.95+0.90%
Previous close · 31 Aug 2026 · Nifty has closed between -0.5% and 0% on 321 of the last 1,248 sessions.
In the previous session, Indian indices showed modest movement with dispersed sector performance. The highlight was CPP Investments expanding its commitment to India's National Investment and Infrastructure Fund, signaling strong global confidence in the country's infrastructure growth potential. This news likely supported stocks in the infrastructure and banking sectors. Additionally, ITC's strategic move to combine ITC Infotech with Happiest Minds Technologies provided a boost to the IT sector, reflecting ongoing consolidation trends.
The big story
CPP Investments Expands Commitment to India's National Investment and Infrastructure Fund
CPP Investments increases funding to India's National Investment and Infrastructure Fund.
News
India's economy exceeded growth forecasts in the April-June quarter, driven by a surge in investment.
India's foreign exchange reserves have reached a record high of $729 billion due to sustained capital inflows.
A report suggests that higher food inflation in India could limit consumer spending on non-food items.
India's fiscal deficit for April to July stood at 26.8% of the 2026/27 target.
Russian oil is reportedly no longer an easy bargain for India, indicating potential shifts in energy trade dynamics.
The Rays of Belief IPO opens today with a price band of Rs 227–239 per share and a grey market premium of 20%.
Lumino Industries IPO allotment is expected today, with a grey market premium indicating a 59% listing gain.
Stocks Updates
ITC: cost of acquisition and / or the price at which the shares are acquired ~ ` 1,330 crores. -- 4 of 35 -- Sl.
HFCL: entered into a three-year supply agreement for Optical Fiber Cables worth approximately ₹2,329 crore.
HFCL: entered into a three-year supply agreement for Optical Fiber Cables worth approximately ₹2,329 crore.
Lodha Developers: acquired the remaining 20% stake in Bellissimo Infratech Private Limited, making it a wholly owned subsidiary.
Hy-Tech Engineers share price: shares of hydraulic fitting manufacturer Hy-Tech Engineers Ltd were listed at Rs 75 per share on the NSE, a premium of 41.51 percent.
Lodha Developers: acquired the remaining 20% stake in Bellissimo Infratech Private Limited, making it a wholly owned subsidiary.
Welspun Living: mutually agreed with Welspun Corp Limited not to proceed with the acquisition of a 26% equity stake in CleanMax.
FII / DII activity
FIISold ₹7,985.88 Cr
DIIBought ₹4,588.88 Cr
FIIs sold ₹7,985.88 Cr, DIIs bought ₹4,588.88 Cr. DIIs providing support against heavy FII selling.
Market breadth
Nifty 500
Advances160
Declines340
A/D ratio0.47
Limited participation across Nifty 500
Sector performance
3 NSE sector indices, previous close
IT+3.21%
Pharma+1.26%
Bank+0.90%
Leaders: IT, Pharma · Laggards: Bank, Pharma
Top gainers and losers
Gainers
ADANIPORTS₹1,649.90+3.57%
ADANIGREEN₹1,257.40+3.50%
ITC₹262.60+2.78%
BHARTIARTL₹1,857.80+2.53%
NAUKRI₹1,345.20+2.45%
Losers
PRESTIGE₹1,552.00-4.96%
KEI₹5,466.00-4.78%
POLYCAB₹9,070.00-3.97%
SHRIRAMFIN₹1,066.90-3.87%
ABB₹7,357.00-3.69%
Commodities & forex
🪙 Gold (10g)₹1,54,124.00-0.22%
🥈 Silver (1kg)₹2,34,377.00+0.23%
USD/INR95.38-0.09%
Global cues
S&P 5007,686.14-0.58%
Nasdaq26,370.89-0.64%
S&P 500 futures7,699.00-0.30%
Nasdaq futures29,513.00+0.07%
Wall Street closed lower as oil prices surged, but indexes still managed to post monthly gains, according to Reuters.
CNBC reports that Micron, a leader in the AI rally, has the third-lowest valuation in the S&P 500.
The 10-year Treasury yield increased as tensions between the U.S. and Iran resurfaced, CNBC notes.
XTI Aerospace received a Nasdaq deficiency notice, as announced via PR Newswire.
CNBC highlights Torsten Slok's view that if the Fed raises rates in September, additional hikes are likely to follow.
Technical levels
Nifty support23,992.57 / 23,964.48
Nifty resistance24,065.67 / 24,110.68
Bank Nifty support57,265.40
Bank Nifty resistance57,521.50
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming dividends
CCL Products (India)
Dividend ₹3.00/sh · ex 1 Sep
NTPC
Dividend ₹3.50/sh · ex 2 Sep
Triveni Turbine
Dividend ₹2.00/sh · ex 2 Sep
Earnings calendar
TeleCanor Global1 Sep
Term of the day
Basis
Basis is the difference between an NSE futures price and the underlying cash spot, such as Nifty or a stock future versus cash.