Indices
Nifty Outlook: Nifty likely to trade lower today amid rising crude prices reaching $100 a barrel. The short term technical setup continues to remain bearish with key support zone for Nifty at 23,600 and 23,500. On the upside 23,800 remains a key level to watch
Nifty has corrected 1,140 points from its August high. Nifty RSI is also at 30 reaching oversold zone.
Commodities
Crude: Brent crude prices are now nearing $100 a barrel due to escalations in West Asia yet again and that will have a bearing on the markets.
Gold: Gold price in Mumbai stands at ₹155,360 for 10 gram for 24 karat gold (99.9% purity)
Silver: The price of silver in Mumbai today is ₹249.90 per gram and ₹2,49,900 per kilogram.
FII/DII Data
FII/FPI: -123.19 crore
DII: +1349.6 crore
Global Markets
GIFT Nifty: Gift Nifty trades 10 points higher than Nifty yesterday spot price
US Markets: U.S. major stock indices closed lower on Tuesday, September 8, 2026, as rising crude oil prices and ongoing conflicts in the Middle East revived inflation fear.
Asian Markets: Asian stock markets traded mixed and remained subdued on Wednesday as escalating Middle East tensions pushed crude oil prices close to $100 a barrel.
News & Events
- Company, LLP incorporations hit record high this fiscal year; rising 12% year on year to 1,10,748 between April and August.
- Bajaj Finance Ltd acquires 5% stake in TrueFan AI.
- Domestic Steel prices are heading north, steel firms likely to benefit.
- Raymond Realty: Board meeting on Sept 11, 2026 to consider fund raising via equity, convertible securities or warrants.
- SBM Bank India mobilizes $100 million via FCNR deposits.