Stock Market Update 8 September 2026: Sensex Drops Over 350 Pts; Nifty 50 Below 23,700

Broader Indian stock market indices opened lower and continued to trade in the red on Tuesday morning. While the Sensex dropped approximately 376 points, the Nifty 50 traded below 23,700.
Most Indian stock market indices were trading lower during early trade on Tuesday, 8 September 2026.
At around 9:52 AM:
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The Sensex was down by 376.16 points (0.49%) to trade at 75,756.65.
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The Nifty 50 was down by 100.95 points (0.42%) to trade at 23,678.20.
On Monday, 7 September 2026, both benchmark indices traded in the negative territory and ended in the deep red. At the closing bell, the Sensex stood at 76,132.81, down 0.50%. The Nifty 50 stood at 23,779.15, down 0.50%.
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 Tuesday.
At around 9:53 AM, Bank Nifty was down 184.05 points (0.32%) to trade at 56,904.25. The Nifty Financial Services index was also down by around 0.62% to trade at 25,775.30.
Sectoral indices, meanwhile, traded in mixed directions.
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Nifty Auto was down 0.61%.
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Nifty Pharma was up 0.15%.
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Nifty FMCG was down 0.07%.
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Nifty Metal was up 0.54%.
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Nifty PSU Bank was down 0.21%.
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Nifty IT was down 0.05%.
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Nifty Private Bank was down 0.50%.
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Nifty Realty was down 0.78%.
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Nifty Commodities was down 0.15%.
Top Gainers And Losers
Here are the top gainers and losers on Nifty, as of 10:02 AM on Tuesday:
Gainers | Losers |
|---|---|
Hindustan Aeronautics | Cholamandalam Investment |
Bharat Electronics | Shriram Finance |
Solar Industries Ind | M&M |
Hindustan Zinc | Lodha Developers |
Vedana | Cummins India |
What About The Global Markets?
Global markets gave mixed cues on Tuesday:
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S&P 500 futures were little changed as of 10:42 AM Tokyo time.
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Nikkei 225 futures (OSE) rose 0.1%.
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Japan’s Topix fell 0.4%.
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Australia’s S&P/ASX 200 fell 0.6%.
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Hong Kong’s Hang Seng fell 0.7%.
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The Shanghai Composite rose 0.3%.
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Euro Stoxx 50 futures were little changed.
Other Important Updates
Crude Oil Surges: Global crude oil prices surged again on Tuesday as Iran warned for fresh retaliation against the US. Brent crude hovered around $97 per barrel.
Gold Rises: Gold prices also edged higher on Tuesday as the US dollar showed signs of weakness.
Rupee Opens Flat: The Indian National Rupee (INR) opened flat at 94.51 per US dollar. The previous close was at 94.49.
Also Read - Reliance Industries Plans ₹12,500 Crore Bond Issue At 7.47%
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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