Indices
Nifty 50: Nifty 50 is likely to remain under pressure, with the index continuing to trade in a weak technical setup after closing below the 23,800 mark in the previous session.Indian equity markets are expected to remain cautious, with elevated crude oil prices and uncertain geopolitical conditions have kept market in caution.
A move towards 24000 can be expected today on a short term technical outlook.
FII/DII Data
FII/FPI: +280 crore
DII: +567 crore
Global Markets
GIFT Nifty: Gift Nifty also signal a negative start for the Indian benchmark indices, Nifty 50 and Sensex, today. The Gift Nifty was trading around 23,803 level, a discount of nearly 64 points from the Nifty futures’ previous close.
US Markets: U.S. stock markets were closed on Monday, September 7, 2026, in observance of the Labor Day holiday
Asian Markets: Asian markets traded on a mixed note today, some indices like Japan’s Nikkei 25 and South Korea’s Kospi gaining slightly while Hong Kong’s Hang Seng declined slightly.
News & Events
- Copper prices reach record high of over $14530 per ton.
- PNB Housing: The Board has approved the Issuance of Non-Convertible Debentures (NCDs) upto a maximum amount of INR 6,000 Crore
- Biocon: Biocon secures 10-Year supply contract for Pertuzumab in Brazil.
- Sundaram Home Finance:Sundaram Home Finance plans to double its AUM in Tamil Nadu’s emerging business segment to around 1300 crore.