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Full issue · 2026-09-07

Market Pulse: 7 September 2026 - Pre-Market Update

Market snapshot

Nifty 5023,897.70+0.10%
Sensex76,515.43+0.48%
Bank Nifty57,369.65-0.02%

Previous close · 4 Sept 2026 · Nifty has closed between 0% and +0.5% on 324 of the last 1,252 sessions.

In the previous session, India's stock markets exhibited modest gains amid narrow breadth, reflecting mixed investor sentiment. The key global story was China's announcement of a $54 billion stimulus aimed at boosting its economy, which was anticipated to benefit the metals sector due to expected increased demand for raw materials. Meanwhile, ongoing geopolitical tensions, including the US's fresh strikes on Iran and concerns about the Strait of Hormuz, weighed on the energy sector, leading to cautious trading.

The big story

China to pump $54bn into state banks and insurers to boost economy

China injects $54bn into banks and insurers to stimulate economy.

News

India and Belgium have agreed to strengthen their trade and defense ties, as reported by Yahoo Finance.
Sugar prices have retreated on speculation that India will import less sugar, according to Yahoo Finance.
Purple Style Labs' IPO, which was subscribed 1.29 times overall, is set to list today with strong interest from retail investors.
Prasol Chemicals is planning an IPO to raise funds for debt repayment and expansion, targeting high-risk investors.
Monomark Engineering and RKB Global have received SEBI approval for their IPOs, with observations issued on September 4 and August 31, respectively.

Stocks Updates

The Phoenix Mills: received approval from the NCLT Chennai Bench for the merger and amalgamation of its step-down subsidiaries with Astrea Real Estate Developers Private Limited.
Tata Motors: announced the publication of the offer document for a voluntary tender offer for all common shares of Iveco Group N.V.
Ola Electric Mobility: accepted the resignation of Mr. Hyun Shik Park as Chief Operations Officer effective September 5, 2026, and reappointed Mr. Manoj Kumar Kohli as an independent director.
Sammaan Capital: confirmed timely payment of interest on its secured redeemable non-convertible debentures issued through public issue.
Jupiter Wagons: dispatched letters to members for accessing the annual report and notice for the 46th AGM.
HFCL: dispatched letters to shareholders providing web-link and QR code to access the annual report and AGM notice on the company's website.

FII / DII activity

FIISold ₹3,111.94 Cr
DIIBought ₹8,930.12 Cr

FIIs sold ₹3,111.94 Cr, DIIs bought ₹8,930.12 Cr. DIIs providing support against heavy FII selling.

Market breadth

Nifty 500

Advances231
Declines266
A/D ratio0.87
AdvancesDeclines

Limited participation across Nifty 500

Sector performance

12 NSE sector indices, previous close

Metal+1.07%
Fin Services+0.49%
Media+0.30%
Bank-0.02%
Infra-0.07%
FMCG-0.14%
Energy-0.19%
PSU Bank-0.44%
Auto-0.45%
IT-0.47%
Pharma-0.68%
Realty-0.90%

Leaders: Metal, Fin Services · Laggards: Realty, Pharma

Top gainers and losers

Gainers

ANGELONE₹299.80+4.83%
APLAPOLLO₹2,250.00+4.20%
IDEA₹15.02+3.73%
SBILIFE₹1,775.00+3.50%
MCX₹3,275.40+3.32%

Losers

KEI₹4,850.00-8.95%
POLYCAB₹8,300.00-5.76%
HAVELLS₹1,154.00-3.83%
ATHERENERG₹1,584.00-3.35%
SRF₹2,547.00-2.67%

Commodities & forex

🪙 Gold (10g)₹1,52,815.00+0.03%
🥈 Silver (1kg)₹2,37,500.00-0.07%
USD/INR94.49+0.01%

Global cues

S&P 5007,718.60-0.38%
Nasdaq26,506.99-0.29%
S&P 500 futures7,722.00-0.42%
Nasdaq futures29,565.25+0.14%
U.S. stocks declined as oil prices surged following new strikes in the Middle East, according to wsj.com.
Wall Street futures showed mixed movements after jobs data increased the likelihood of a Fed rate hike in September, reports Investing.com.
Senator John Fetterman issued a statement in response to a Wall Street Journal article, as reported by Inquirer.com.
Yahoo Finance reports that BlackRock is quietly converting Bitcoin whales into Wall Street clients.
The dollar saw minimal gains despite increased expectations for a Fed rate hike, according to CNBC.

Technical levels

Nifty support23,860.45 / 23,823.20
Nifty resistance23,970.35 / 24,043.00
Bank Nifty support57,237.08
Bank Nifty resistance57,589.68

Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.

Corporate actions

Upcoming dividends

APL Apollo Tubes
Dividend ₹8.50/sh · ex 8 Sep
Tega Industries
Dividend ₹2.00/sh · ex 11 Sep · record 14 Sep
Caplin Point Laboratories
Dividend ₹4.00/sh · ex 18 Sep

Earnings calendar

Shiprocket7 Sep
Behari Lal Engineering7 Sep
Kotyark Industries7 Sep

Term of the day

Physical settlement of F&O

Physical settlement means stock derivative positions at expiry are settled by delivery of shares rather than only cash.