Indian equity benchmark indices kicked off the week on a soft note on Monday, September 07, 2026, as consistent profit booking weighed on sentiment across key counters. The BSE Sensex settled lower by 382.62 points or 0.50% at 76,132.81, while the NSE Nifty 50 declined 118.55 points or 0.50% to close at 23,779.15.
Sectoral breadth skewed in favor of bears, with Nifty Auto, Financial Services, and Metals seeing the steepest declines. In contrast, defensive pockets such as Nifty Pharma and FMCG managed to cushion the broader decline with mild gains. Key index heavyweights, including private banking majors and auto manufacturers, traded under pressure, while select IT exporters found selective buying interest.
On the macroeconomic front, persistent Foreign Institutional Investor (FII) net outflows and firm crude oil prices hovering near $78 per barrel dampened risk appetite. The Indian Rupee traded in a tight range against the US Dollar. Looking ahead, traders are eyeing domestic inflation prints and global monetary cues for directional momentum.