Market snapshot
Nifty 5022,231.80-1.64%
Sensex71,593.24-1.44%
Bank Nifty54,515.05-0.98%
Previous close · 8 Oct 2026 · Nifty is trading at the 0th percentile of its range over the last 252 sessions.
Yesterday, the Indian stock markets witnessed a sharp decline as the Nifty 50 sank to its 52-week low, erasing over Rs 10 lakh crore in market capitalization. The downturn was driven by escalating geopolitical tensions in West Asia, leading to a spike in crude oil prices above $104 per barrel. Additionally, rising US 10-year yields at 5.35% prompted capital outflows from emerging markets, further pressuring Indian equities. These factors, combined with concerns over economic growth and high inflation, contributed to the broad-based sell-off across sectors.
The big story
Nifty 50 sinks to 52-week low, Sensex erases Rs 10 lakh crore in wealth as bears attack D
Nifty 50 sinks to a 52-week low, erasing significant market wealth.
News
Retail traders are increasingly opting for commodity options over equity index options due to sharper swings in energy and bullion prices and lower tax incidence, with the average daily premium turnover of metals and energy options on the MCX rising 15% in the September quarter.
India's sugar production forecast has been slashed as El Nino impacts the crop, according to the USDA.
Reliance Jio Chairman Akash Ambani has described the upcoming Jio IPO as a major responsibility towards shareholders, marking the first public issue from the Reliance group in nearly three decades.
Fusion CX is set to launch a Rs 702-crore IPO on October 14, with a price band fixed at Rs 275-289.
Vaibhav Vyapaar is preparing to launch its IPO on October 13, with a price band set at Rs 50-52.
Stocks Updates
Bajaj Housing Finance: allotted NCDs worth ₹2,439.3 crore at a 7.87% coupon, maturing in August 2036.
KEC International: secured new orders worth ₹1,030 crores across various businesses including T&D projects in Bhutan and Saudi Arabia.
A 50-75 bps rate-hike cycle won’t materially derail household consumption: as RBI joins global central banks in a tightening cycle, Jain sees limited risk of over-tightening but cautions that retail inflation will remain significantly above the RBI’s 4% medium-term target for the next three quarters, starting Q3FY27.
Titan Company: fully redeemed commercial papers worth ₹825 crore issued in July 2026.
NCC: received a ₹1,286 crore order from Hyderabad Growth Corridor Limited for construction of Radial Road-2.
Lloyds Metals And Energy: credited equity shares of Thriveni Earthmovers and Infra Private Limited to its demat account.
Railtel Corporation Of India: received a ₹63.8 crore order from Northern Coalfields Limited for MPLS VPN connectivity, to be executed by October 2031.
FII / DII activity
FIISold ₹12,943.58 Cr
DIIBought ₹10,703.11 Cr
FIIs sold ₹12,943.58 Cr, DIIs bought ₹10,703.11 Cr. DIIs providing support against heavy FII selling.
Market breadth
Nifty 500
Advances34
Declines466
A/D ratio0.07
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT-0.08%
Bank-0.98%
Fin Services-1.11%
PSU Bank-1.15%
FMCG-2.02%
Pharma-2.32%
Auto-2.49%
Infra-2.58%
Media-2.79%
Energy-2.82%
Realty-3.16%
Metal-3.55%
Leaders: IT, Bank · Laggards: Metal, Realty
Top gainers and losers
Gainers
LICHSGFIN₹537.00+4.19%
ICICIGI₹1,624.00+2.14%
PNBHOUSING₹1,150.00+1.68%
SRF₹2,485.20+1.02%
MPHASIS₹2,303.40+0.63%
Losers
ADANIGREEN₹1,235.70-7.88%
JUBLFOOD₹427.60-7.16%
INOXWIND₹62.43-6.96%
TIINDIA₹2,241.00-6.16%
ADANIENT₹2,596.00-5.36%
Commodities & forex
🪙 Gold (10g)₹1,49,735.00+0.42%
🥈 Silver (1kg)₹2,21,211.00-0.01%
USD/INR96.76+0.40%
Global cues
S&P 5007,765.36-0.47%
Nasdaq27,193.34-1.25%
S&P 500 futures7,816.25-0.46%
Nasdaq futures30,969.50-1.38%
Rising oil prices and falling technology stocks contributed to an unsettled Wall Street session, with bond yields reversing earlier gains. - AP News
Treasury yields fell after reaching multiyear highs as traders assessed the latest bond auction results. - CNBC
The S&P 500 and Nasdaq closed lower, pressured by a surge in crude oil prices and weakness in chip stocks. - Reuters
The Nasdaq 100 declined as reports of weaker-than-expected revenue from OpenAI weighed on chipmakers. - Yahoo Finance
U.S. stocks showed mixed performance as oil prices spiked and doubts over AI profits impacted technology shares. - WSJ
Technical levels
Nifty support22,074.78 / 21,917.77
Nifty resistance22,493.93 / 22,756.07
Bank Nifty support54,251.13
Bank Nifty resistance54,910.98
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Earnings calendar
Anand Rathi Wealth Limited2026-10-09
Can Fin Homes Limited2026-10-09
Canara HSBC Life Insurance Company Limited2026-10-09
Poonawalla Fincorp Limited2026-10-09
Term of the day
CNC vs MIS vs NRML
CNC, MIS, and NRML are common order product codes that decide settlement intent and margin treatment.