Indian equity benchmark indices kicked off the week on a weak note on Monday, September 07, 2026. The BSE Sensex declined by 382.62 points or 0.50% to end at 76,132.81, while the broader NSE Nifty 50 dropped 118.55 points or 0.50% to close at 23,779.15.
Sectoral performance remained predominantly risk-off, with Nifty IT, Auto, and Financial Services bearing the brunt of the selling pressure. Heavyweight banking counters and technology majors dragged the indices lower, while defensive pockets like FMCG and Pharma saw selective buying interest, limiting deeper losses.
Macroeconomic headwinds continue to dictate near-term sentiment. Elevated Brent crude oil prices and a cautious bias in Asian and European markets kept bulls on the back foot. Institutional activity reflected caution, with Foreign Institutional Investors (FIIs) remaining net sellers in the cash segment, though Domestic Institutional Investors (DIIs) provided crucial downside support. Meanwhile, the Indian Rupee traded in a tight range against the US Dollar amid firm bond yields.