Market snapshot
Nifty 5023,779.15-0.50%
Sensex76,132.81-0.50%
Bank Nifty57,088.30-0.49%
Previous close · 7 Sept 2026 · Monday's intraday range was tighter than 67% of sessions over the last 252 sessions.
Yesterday's trading session was marked by geopolitical tensions as the US launched strikes on Iranian targets, escalating concerns about disruptions in global oil supply through the Strait of Hormuz. This heightened tension impacted the energy sector, while IT and banking stocks continued to face pressure amidst broader macroeconomic concerns. Despite these challenges, some stocks like IDEA and SUPREMEIND managed gains, reflecting selective buying in the market.
The big story
US launches fresh strikes on Iranian targets after shipping attacks as tensions escalate around Strait
US strikes Iranian targets following shipping attacks, escalating tensions.
News
India has joined a US-led international initiative to influence the design and security of 6G networks, adding New Delhi to a group of 26 governments focused on shared security interests and innovation in 6G.
Rentomojo is set to open its IPO on September 9, with shares commanding a 30% premium in the grey market ahead of the issue.
Kanohar Electricals' IPO opened with a grey market premium of 31%, with the price band set at ₹601–632 and an estimated listing price of ₹828.
Deepa Jewellers is listing today with an estimated opening price of ₹202.5, reflecting a 14.41% increase over the IPO price of ₹177.
Jassper Shipping plans to invest US$50 million, positioning India at the center of its global expansion strategy.
Stocks Updates
Info Edge: allotted Rs. 10 Crores investment in Startup Investments (Holding) Limited, a wholly-owned subsidiary.
Anupam Rasayan: fixed September 18, 2026, as the record date for the payment of final dividend for FY 2025-26, subject to approval at the AGM.
Avenue Supermarts: repaid commercial papers amounting to Rs. 300 Crores on September 7, 2026.
GMR AIRPORTS: served notice for voluntary redemption of non-convertible bonds on September 28, 2026.
GMR AIRPORTS: approved issuance of 1,50,000 non-convertible bonds aggregating to Rs. 1,500 crores on a private placement basis.
PVR INOX: proposed buyback of up to 20,68,965 equity shares at Rs. 1,450 each, with the buyback opening on September 10, 2026, and closing on September 17, 2026.
REC: accepted Rs. 500 Crore at a coupon rate of 7.30% per annum for a tenor of 1 year 9 months.
FII / DII activity
FIIBought ₹280.13 Cr
DIIBought ₹566.76 Cr
FIIs bought ₹280.13 Cr, DIIs bought ₹566.76 Cr. Flows were routine in size.
Market breadth
Nifty 500
Advances188
Declines311
A/D ratio0.60
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
Pharma+0.75%
Auto-0.04%
Infra-0.10%
Energy-0.25%
Fin Services-0.44%
Bank-0.49%
FMCG-0.66%
PSU Bank-1.06%
Metal-1.24%
Realty-1.70%
IT-2.28%
Media-2.86%
Leaders: Pharma, Auto · Laggards: Media, IT
Top gainers and losers
Gainers
IDEA₹15.60+3.86%
SUPREMEIND₹3,598.00+3.54%
ZYDUSLIFE₹1,156.90+3.29%
NAM-INDIA₹1,195.00+3.03%
BOSCHLTD₹48,025.00+2.57%
Losers
ICICIPRULI₹470.65-4.83%
SAIL₹187.90-4.52%
MANAPPURAM₹325.60-4.15%
INFY₹1,087.50-3.76%
PIDILITIND₹1,575.00-3.34%
Commodities & forex
🪙 Gold (10g)₹1,52,750.00-0.01%
🥈 Silver (1kg)₹2,38,996.00-0.01%
USD/INR94.43-0.07%
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%
Bloom Energy has been added to the S&P 500, raising questions about the continuation of its AI-driven rally, according to Yahoo Finance.
Stocktwits reports that Dow, S&P 500, and Nasdaq futures are trading amid rising tensions between the US and Iran.
CNBC highlights that a Fed rate hike is becoming more likely, with UBS advising on what to own and avoid in such a scenario.
An economist on CNBC suggests that the Fed does not need to react to 'noisy data' in its decision-making process.
Investors in chip stocks should be cautious as currency market movements could indicate potential weaknesses, according to a report.
Technical levels
Nifty support23,714.70 / 23,650.25
Nifty resistance23,866.80 / 23,954.45
Bank Nifty support56,918.55
Bank Nifty resistance57,342.45
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
JBM Auto
Dividend ₹0.85/sh · ex 9 Sep
FORCE MOTORS
Dividend ₹50.00/sh · ex 9 Sep
Earnings calendar
Maruti Interior Products8 Sep
Term of the day
Grey market premium
Grey market premium is an unofficial pre-listing premium quoted by informal dealers for IPO shares.