Nifty 50:
Nifty opened higher at 23,910.90, following positive global cues, and extended gains to briefly cross the 24,000 mark, touching an intraday high of around 24,005. However, the index remained relatively range-bound thereafter. Nifty closed at 23,897 or +0.10% from the previous day closing.
Our pre-market view saw a positive opening playing out: The index reclaimed the 23,900 zone and tested the 24,000 level, which remains the immediate hurdle to watch.
Sectoral Snapshot:
Top Gainers: Nifty Metal gained 1.24%, followed by Nifty FinServ Ex-Bank gaining 0.88% and Nifty Cement gained +0.52%
Top Losers: Nifty Realty saw the sharpest fall of -0.91%, Nifty Healthcare lost -0.86%, followed by Nifty Chemical and Nifty Pharma with -0.65% each.
Top Gainers:
- The New India Assurance Company Ltd - 17.7%
- Tejas Networks Ltd - 8.2%
- Wockhardt Ltd - 7.1%
Top Losers:
- KEI Industries Ltd - -9%
- RR Kabel Ltd - -6.3%
- Polycab India - -5.8%
Company News and Updates:
- Tips Music approved buyback up to ₹44.5 crore at ₹750/share; public announcement published Sept. 4, 2026.
- Dr. Moopen family bought 46.09 lakh shares in Aster DM Quality for ₹350.34 crore, raising stake to 24.58%.
- JSW Energy crosses 15 GW capacity after commissioning 1,572 MW since April 2026; operational capacity reaches 15,025 MW.