Market snapshot
Nifty 5024,055.80-0.10%
Sensex76,944.28-0.02%
Bank Nifty57,409.60-1.06%
Previous close · 1 Sept 2026 · Nifty has fallen for 4 straight sessions — a streak that long has occurred 39 times across the last 1,248 sessions.
In the previous session, the Indian stock market experienced a narrow and dispersed movement, with a slight decline in major indices. The real story was the surge in oil prices due to escalating geopolitical tensions in Iran, impacting market sentiment negatively. This situation put pressure on oil marketing companies and could lead to broader economic ramifications, particularly for oil-importing nations like India. Additionally, corporate news such as ITC's strategic acquisition and HFCL's significant supply contract provided focal points amidst the broader market downturn.
The big story
Nifty Set for Gap Down Opening | Oil prices surge 6% after fresh strikes in Iran | Brent at $96
Oil prices surge 6% after Iran strikes, Brent at $96.
News
India's economy grew faster than expected in the June quarter, according to Yahoo Finance Singapore.
Income tax returns for the assessment year 2026-27 in India have surpassed 78 million, as reported by Yahoo Finance.
India's oil buying is primarily driven by price considerations rather than political factors, according to Yahoo Finance.
Annu Projects IPO, which closed on August 28, was subscribed 2.93 times, with retail investors bidding for 2.68 times the shares reserved for them.
India's ambition to become a developed nation is facing challenges due to a significant growth gap, as highlighted in a recent analysis.
ONGC has announced a $10.5 billion plan for deepwater exploration in India, aiming to enhance the country's energy sector.
The ESDS Software Solution IPO allotment is in focus today, with a grey market premium indicating a potential 59% listing gain.
Priority Jewels IPO has reached a 100-times subscription, with grey market premiums suggesting a 15% listing pop.
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 ₹2329 crore.
ITC Hotels: acquired 100% of the share capital of GHK Hospitality & Infrastructures Limited.
Lodha Developers: acquired the remaining 20% stake in Bellissimo Infratech Private Limited, making it a wholly owned subsidiary.
Lodha Developers: acquired the remaining 20% stake in Bellissimo Infratech Private Limited, making it a wholly owned subsidiary.
TATA Consumer Products: acquired the residual 5% stake in Capital Foods from Wildflower Private Trust.
Avenue Supermarts: received a CRISIL AAA/Stable rating for its ₹1000 crore Non-Convertible Debentures.
FII / DII activity
FIIBought ₹1,143.38 Cr
DIIBought ₹1,846.94 Cr
FIIs bought ₹1,143.38 Cr, DIIs bought ₹1,846.94 Cr. Flows were routine in size.
Market breadth
Nifty 500
Advances190
Declines306
A/D ratio0.62
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT+0.98%
FMCG+0.94%
Infra+0.33%
Media+0.26%
Metal-0.03%
Energy-0.38%
Bank-1.06%
Fin Services-1.10%
PSU Bank-1.21%
Auto-1.22%
Realty-1.42%
Pharma-1.45%
Leaders: IT, FMCG · Laggards: Pharma, Realty
Top gainers and losers
Gainers
ITC₹266.60+4.34%
ADANIGREEN₹1,265.00+4.12%
PERSISTENT₹5,800.00+3.67%
BHARTIARTL₹1,877.20+3.60%
ADANIPORTS₹1,647.50+3.41%
Losers
KEI₹5,348.00-6.83%
POLYCAB₹8,895.50-5.82%
PAYTM₹1,633.50-4.87%
KALYANKJIL₹573.00-4.66%
SHRIRAMFIN₹1,059.10-4.58%
Commodities & forex
🪙 Gold (10g)₹1,51,699.00-0.02%
🥈 Silver (1kg)₹2,28,993.00-0.24%
USD/INR95.11-0.28%
Global cues
S&P 5007,631.47-0.71%
Nasdaq26,099.77-1.03%
S&P 500 futures7,699.00-0.30%
Nasdaq futures29,513.00+0.07%
Stocks on Wall Street slipped under pressure from rising oil prices and a bond sell-off, according to PBS.
Wall Street ended lower as higher yields and rising oil prices marked a shaky start to September, Virginia Business reported.
Yahoo! Finance Canada noted that Wall Street's pullback deepened as oil and yields surged.
The Wall Street Journal reported that U.S. stocks fell as oil surged following new Middle East strikes.
CNBC highlighted that Bessent touted the bond market as the 10-year Treasury yield spiked.
Technical levels
Nifty support23,957.85 / 23,859.90
Nifty resistance24,148.45 / 24,241.10
Bank Nifty support57,118.12
Bank Nifty resistance57,733.67
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming ex-dates
PVR INOX
Buyback · ex 4 Sep
GAIL (India)
Dividend ₹0.50/sh · ex 2 Sep
Triveni Turbine
Dividend ₹2.00/sh · ex 2 Sep
Earnings calendar
Technocraft Ventures2 Sep
Vivanta Industries Limited2 Sep
Term of the day
Price band
A price band is the permitted percentage range around a reference price within which an NSE/BSE stock may trade.