9:15 Market View | 04/09

Indices

Nifty Outlook: Nifty closed at 23,873 on Thursday, not sustaining the yesterday’s gap up. Market sentiment remain volatile amid geopolitical sentiments, however GIFT Nifty is trading at 24,023, a premium above Nifty Spot indicating, markets can recover today.

For Friday, Nifty is expected to open positive today. 23,750–24,000 is the key zone to watch.

FII/DII Data

FII/FPI: -1809.51 crore
DII: 4341.7 crore

Global Markets

GIFT Nifty: GIFT Nifty trades higher than Nifty at around 24.025, signals positive start for Sensex, Nifty.

US Markets: U.S. stocks gained on Thursday, Dow Jones Industrial Average (^DJI) climbed +1.3%, and the S&P 500 (^GSPC) rose +1%. Both indexes posted their best day since Aug 4.

Asian Markets: Asian markets surged on September 3, 2026, Nikkei Index rose by +0.86% and Hang Seng Index rose by +2.24%.

News & Events

  • Slice raises $100mn in first round as a bank.
  • Adani eyes fresh debt to refinance Ambuja acquisition.
  • Sebi to review how settlement prices for derivative contracts are determined, following industry feedback on the impact of new closing auction session (CAS).
  • Aditya Birla Group to enter wires and cables segment with a 1,800 crore investment.
  • Cohance Lifesciences will invest USD 18 million, lifting NJ Bio to 67.3% and Aruka Bio to 65%.

Stocks in Focus

  • Cohance Lifescience: Increase in stake in subsidiaries

  • UltraTech Cement: Ultratech cement, a Aditya Birla Group company launches Ultravolt wires and cables business with Rs.1,800 crore investment; Gujarat plant and pan-India rollout planned.

  • Sterlite Technologies Ltd - Board approved ~₹3,000 crore capex for 50% capacity addition by end-FY29.

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