Indian equity benchmark indices closed in the red on Thursday, September 03, 2026, following a range-bound and volatile trading session. The BSE Sensex dropped 417.49 points (0.55%) to settle at 76,152.86, while the broader NSE Nifty 50 shed 41.00 points (0.17%) to close at 23,873.45.
Sectoral performance remained mixed throughout the day. Banking and Information Technology heavyweights witnessed profit-taking at higher levels, exerting downward pressure on the headline indices. Conversely, defensive buying in Pharma, FMCG, and select Metal stocks helped cap broader market losses.
On the macroeconomic front, mixed global cues and firm crude oil prices kept investor sentiment cautious. Foreign Institutional Investors (FIIs) maintained a net-selling bias, though steady domestic institutional inflows provided crucial underlying support. The Indian Rupee traded in a narrow band against the US Dollar as market participants remained watchful of global interest rate signals.