Market snapshot
Nifty 5023,635.10-0.61%
Sensex75,577.58-0.73%
Bank Nifty56,777.55-0.54%
Previous close · 8 Sept 2026 · Nifty has closed between -1.0% and -0.5% on 149 of the last 1,254 sessions.
In the previous session, Indian markets faced pressure as oil prices continued their upward march amid escalating geopolitical tensions between Iran and the US. The rise in crude prices weighed on energy stocks, with BPCL and HINDPETRO among the top losers. Meanwhile, defence stocks like HAL gained traction, reflecting investor interest in the sector. Amidst these developments, institutional investors showed contrasting activity, with foreign institutional investors selling while domestic institutions bought heavily.
The big story
Oil prices jump for fourth day as Iran attacks US assets; Brent nears $100
Oil prices near $100 as Iran attacks US assets.
News
Prime Minister Narendra Modi stated that India's strong economic growth is instilling confidence globally, highlighting the country's robust economic performance.
Hyundai India plans to invest Rs 450 billion and launch 26 new models by 2030, as part of its expansion strategy in the Indian market.
Kirby India has commenced construction on its fourth PEB manufacturing facility in Tamil Nadu, expanding its production capabilities.
Rentomojo plans to raise Rs 1,256 crore through its IPO, with concerns over its rich valuation despite strong revenue growth and improving profitability metrics.
Manipal Payment and Identity Solutions is launching a ₹320 crore IPO to fund capacity expansion, with the promoter's stake set to decrease to 53% post-IPO.
Manipal Payment & Identity Solutions' Rs 805-crore IPO will open for public subscription on September 9, with anchor investors already picking up Rs 362 crore worth of shares.
Stocks Updates
Bajaj Finance: allotted NCDs worth ₹2,050 crore at an 8.07% coupon, maturing in March 2030.
Bajaj Housing Finance: allotted NCDs worth ₹1,985.7 crore at a 7.79% coupon, with a 7-day tenure.
NSE: may price its IPO at ₹1,700-1,785 per share and reduce the stake sale to 5.5%.
Avenue Supermarts: allotted commercial paper worth ₹300 crore with a 90-day tenure.
Avenue Supermarts: repaid commercial paper worth ₹300 crore on maturity.
GMR Airports: approved issuance of non-convertible bonds worth ₹1,500 crore at a 5% coupon.
FII / DII activity
FIISold ₹123.19 Cr
DIIBought ₹1,349.64 Cr
FIIs sold ₹123.19 Cr, DIIs bought ₹1,349.64 Cr. Flows were routine in size.
Market breadth
Nifty 500
Advances230
Declines266
A/D ratio0.86
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
Media+1.31%
Pharma+0.77%
FMCG+0.35%
Energy+0.32%
Auto+0.28%
Metal+0.02%
Realty-0.05%
PSU Bank-0.15%
IT-0.37%
Infra-0.49%
Bank-0.54%
Fin Services-0.93%
Leaders: Media, Pharma · Laggards: Fin Services, Bank
Top gainers and losers
Gainers
GVT&D₹4,750.00+8.77%
BANDHANBNK₹171.58+4.18%
LAURUSLABS₹1,946.90+3.74%
KALYANKJIL₹612.60+3.65%
HAL₹5,031.10+3.62%
Losers
BPCL₹303.85-2.89%
HINDPETRO₹347.00-2.77%
360ONE₹1,110.00-2.37%
BLUESTARCO₹1,460.90-2.35%
SBILIFE₹1,696.60-2.04%
Commodities & forex
🪙 Gold (10g)₹1,52,605.00+0.02%
🥈 Silver (1kg)₹2,39,425.00flat
USD/INR94.49+0.07%
Global cues
S&P 5007,673.52-0.58%
Nasdaq26,421.41-0.32%
S&P 500 futures7,680.50-0.54%
Nasdaq futures29,538.75-0.09%
The S&P 500 fell as concerns over artificial intelligence impacted software makers, according to Reuters.
Rising oil prices continued to weigh on Wall Street, as reported by AP News.
Bloomberg.com reported that SpaceX shares could see a boost if the Nasdaq 100 increases its weighting.
Nasdaq completed the acquisition of Dasseti to enhance eVestment's private-market capabilities, according to Yahoo Finance.
CNBC highlighted that the Federal Reserve's interest rate decision could hinge on a few hundredths of a percentage point.
Technical levels
Nifty support23,585.82 / 23,536.53
Nifty resistance23,721.67 / 23,808.23
Bank Nifty support56,650.67
Bank Nifty resistance56,974.22
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming dividends
JBM Auto
Dividend ₹0.85/sh · ex 9 Sep
Travel Food Services
Dividend ₹10.25/sh · ex 9 Sep
FORCE MOTORS
Dividend ₹50.00/sh · ex 9 Sep
Earnings calendar
Nova Iron & Steel9 Sep
Term of the day
Warrants
Warrants give holders the right to subscribe to equity shares at a predetermined price within a set period.