Stock Market Update 31 August 2026: Sensex Drops Over 280 Pts; Nifty 50 Below 24,100

Most Indian stock market indices were trading in the red as the market reopened on Monday, 31 August 2026, after the weekend break.

At around 9:15 AM:

• The Sensex was down by 282.09 points (0.37%) to trade at 76,982.42.

• The Nifty 50 was down 114.90 points (0.48%) to trade at 24,060.75.

On Friday, 28 August 2026, both benchmark indices recovered from early losses to end higher. At the closing bell, the Sensex stood at 77,264.51, up 0.43%. The Nifty 50 stood at 24,175.65, up 0.35%.

How Are Other Indices Performing?

Apart from the Sensex and the Nifty 50, other broader indices also traded in the red during early trading on Monday.

At around 9:43 AM, Bank Nifty was down 135.30 points (0.24%) to trade at 57,361.00. The Nifty Financial Services index was also down by around 0.40% to trade at 26,180.45.

Most sectoral indices also traded in the negative territory.

• Nifty Auto was down 0.56%.

• Nifty Pharma was down 0.92%.

• Nifty FMCG was down 0.82%.

• Nifty Metal was down 2.34%.

• Nifty PSU Bank was down 1.17%.

• Nifty IT was down 1.96%.

• Nifty Private Bank was up 0.05%.

• Nifty Realty was down 2.00%.

• Nifty Commodities was down 1.24%.

Top Gainers And Losers

Here are the top gainers and losers on Nifty, as of 9:52 AM on Monday:

What About The Global Markets?

Global markets gave bearish cues on Monday amid escalating US-Iran conflict:

• S&P 500 futures fell 0.4% as of 12:09 PM Tokyo time.

• Nikkei 225 futures (OSE) fell 1.2%.

• Japan’s Topix fell 0.4%.

• Australia’s S&P/ASX 200 was little changed.

• Hong Kong’s Hang Seng fell 0.7%.

• The Shanghai Composite fell 0.3%.

• Euro Stoxx 50 futures fell 0.5%.

Other Important Updates

• Gold prices remain steady: Gold prices were almost unchanged on Monday morning after plunging over 3% in the previous session.

• Oil prices surge: Global crude oil prices surged again on Monday after the renewed escalations between the US and Iran. Brent crude went above $90 per barrel.

• Metals and IT stocks bleed: Most sectoral indices reflected negative sentiments during early trading on Monday. Metals and information technology (IT) stocks were among the major laggards.

• Rupee opens lower: The Indian National Rupee (INR) opened 0.1% lower at 95.49 per dollar on Monday. The previous close was at 95.38.

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