Stock Market Today – 1 September 2026: Sensex, Nifty Recover From Lows
Introduction
The Indian stock market recovered from its morning lows and turned marginally positive on Tuesday, 1 September 2026. Strong domestic GDP growth and gains in ITC, Adani Ports, Bharti Airtel and Reliance Industries helped Sensex today and Nifty today overcome pressure from high crude oil prices and weak global cues.
At 11:00 AM IST, the Sensex was up nearly 67 points at 77,023.93, while the Nifty 50 traded almost flat at 24,084.65. Banking, pharmaceuticals and realty stocks remained weak, showing that the recovery was led by a limited group of heavyweight shares rather than the entire market.
Sensex and Nifty Today
The Sensex opened at 76,994.11, slightly above Monday’s close, before falling to an early low of 76,764.26. It subsequently recovered more than 250 points from the low.
The Nifty opened at 24,077.55 and briefly slipped below 24,010 before returning above 24,080. This kept the index above the closely watched 24,000 support level.
At approximately 10:30 AM, Bank Nifty traded at 57,465.90, down 0.96%. India VIX stood at 11.04 at 10:54 AM, down 1.32%, indicating that expected short-term volatility eased despite the uncertain global environment.
Market snapshot
| Market indicator | Latest reported level | Change |
|---|---|---|
| Sensex | 77,023.93 | +66.66, +0.09% |
| Nifty 50 | 24,084.65 | +4.25, +0.02% |
| Bank Nifty | 57,465.90* | -0.96%* |
| India VIX | 11.04* | -1.32%* |
| Nifty Midcap 100 | Noted lower | Around -0.83% |
| Nifty Smallcap 100 | Noted lower | Around -0.17% |
| USD/INR | ₹94.96 per dollar* | Rupee up 26 paise |
| Brent crude | Above $91 per barrel* | Higher |
*Latest available morning reading. Intraday levels can change throughout the session.
Market breadth remained slightly negative at around 10:30 AM. Approximately 1,699 shares advanced, 1,788 declined and 175 remained unchanged. This indicates that the headline recovery was not yet supported by broad-based buying.
Why Is the Stock Market Up Today?
Strong GDP growth supports domestic sentiment
India’s real GDP grew 7.8% year-on-year in the April to June quarter of FY27. This was above the Reserve Bank of India’s 7% projection.
Growth was supported by investment, manufacturing and consumer demand. The stronger-than-expected data reassured the market about domestic economic resilience, helping the benchmarks recover from their morning lows.
However, GDP growth moderated from the revised 8.6% recorded in the March quarter. Investors are therefore balancing strong domestic growth against risks from expensive oil and tighter global monetary conditions.
Heavyweight stocks lead the recovery
ITC, Adani Ports, Bharti Airtel, Reliance Industries and HCL Technologies supported the headline indices.
ITC gained around 3%, while Adani Ports rose more than 3%. The movement in these large companies had a greater effect on the market-capitalisation-weighted indices than the broader advance-decline numbers suggested.
Stronger rupee offers some support
The Indian rupee appreciated 26 paise to around ₹94.96 per US dollar during morning trading. India’s strong GDP data and portfolio-related inflows helped the currency move below the ₹95 level.
A stronger rupee can offer some relief when crude oil prices are rising because imported commodities are priced in dollars.
Crude oil and global rates limit the gains
Brent crude traded above $91 per barrel, while WTI crude moved above $86.50. Prices rose as renewed US-Iran fighting increased concerns about energy supplies through the Strait of Hormuz.
The US 10-year Treasury yield also moved close to 4.77%, its highest level since January 2025. Higher bond yields can reduce investor interest in equities and make emerging-market assets less attractive.
Foreign institutional selling remains a concern
Foreign institutional investors sold Indian equities worth a net ₹7,985.9 crore on 31 August. Domestic institutional investors purchased approximately ₹4,588.9 crore.
DII buying provided support, but it was not sufficient to absorb the entire amount of foreign selling. FIIs sold more than ₹13,000 crore over the final two trading sessions of August, making institutional flows an important risk for the Indian stock market today.
Sector Performance Today
Sector performance was mixed. FMCG, automobiles, media, metals and information technology supported the recovery, while banking, financial services, pharmaceuticals, healthcare and realty remained under pressure.
| Sector or index | Morning performance |
|---|---|
| Nifty FMCG | Positive |
| Nifty Media | Positive |
| Nifty Auto | Positive |
| Nifty Metal | Positive |
| Nifty IT | Positive |
| Nifty Realty | Around -2.15%* |
| Consumer Durables | Around -1.36%* |
| Nifty Pharma | Around -1.28%* |
| Bank Nifty | Around -0.96%* |
| Nifty Midcap 100 | Around -0.83% |
| Nifty Smallcap 100 | Around -0.17% |
*Reported during the morning session. Percentages can change before the close.
Realty was among the weakest segments, with DLF and Prestige Estates under pressure. Banks also declined after their strong closing-auction rally on Monday.
Top Gainers and Losers
Top Nifty 50 gainers
| Stock | Approximate price | Intraday change |
|---|---|---|
| Adani Ports | ₹1,651.40 | +3.66% |
| ITC | ₹262.45 | +2.72% |
| Bharti Airtel | ₹1,856.60 | +2.47% |
| Reliance Industries | Around ₹1,299 | Around +1.95% |
| HCL Technologies | Around ₹1,337 | Around +2.0% |
Top Nifty 50 losers
| Stock | Approximate price | Intraday change |
|---|---|---|
| Shriram Finance | ₹1,066.00 | -3.96% |
| Max Healthcare | ₹1,005.10 | -3.55% |
| InterGlobe Aviation | ₹5,070.00 | -3.13% |
| Axis Bank | Around ₹1,268 | Around -2.46% |
| TCS | Around morning level | Around -2.22% |
These figures reflect reported morning trades and may differ from final closing prices.
Stocks in Focus Today
ITC: The stock gained nearly 3% and was among the biggest contributors to the Sensex and Nifty recovery.
Adani Ports: Shares rose more than 3%, recovering after the sharp decline recorded in the previous session.
HFCL: The company signed a three-year agreement with a global multinational corporation to supply optical-fibre cables. The contract is valued at approximately $244 million or ₹2,329 crore.
E2E Networks: The company signed a binding term sheet with an Indian sovereign-AI company for Nvidia Blackwell cloud GPUs and related services. The agreement is valued at approximately ₹1,000 crore and runs until June 2029.
Happiest Minds Technologies: The stock remained in focus after promoter entities agreed to sell a 22.1% stake to ITC Infotech for approximately ₹1,330 crore. The boards also approved an amalgamation arrangement.
Tribhovandas Bhimji Zaveri: TBZ shares surged after GRT Jewellers agreed to acquire a 74.12% promoter stake for up to ₹1,033.71 crore. The transaction is expected to trigger an open offer.
Mahindra & Mahindra: M&M reported a 42% year-on-year increase in total August vehicle sales to approximately 1.07 lakh units. Passenger-vehicle sales rose 50%.
Milky Mist: Shares jumped after the dairy company reported strong June-quarter growth.
Devyani International: Shares declined after CEO Rohan Kichlu resigned. Sanook Kitchen was named as his replacement with effect from 31 August 2026.
Hy-Tech Engineers: The stock listed at ₹75 on the NSE, representing a premium of approximately 41.5% over its issue price.
Skyways Air Services: The stock made a weak debut, listing at a discount of approximately 10%.
What Happened in the Previous Session?
On Monday, 31 August, the Sensex declined 307.24 points or 0.40% to close at 76,957.27. The Nifty 50 fell 95.25 points or 0.39% to finish at 24,080.40.
Bank Nifty, however, gained 0.92% to close at 58,024.95 after a strong movement during the Closing Auction Session. India VIX increased 4.78% to 11.19.
Media and metal stocks were the biggest sectoral losers, while private banks and pharmaceutical companies provided some support. Adani Enterprises, Adani Ports and ITC were among the major Nifty losers.
The session also included MSCI index-rebalancing flows. The NSE Closing Auction Session handled turnover of around ₹39,718 crore without reported operational problems.
What Should Investors Watch Today?
Nifty support near 24,000
The 24,000 to 23,990 area is the immediate support zone. A sustained break below it could expose the index to 23,900 and 23,800.
Immediate resistance is placed around 24,190 to 24,200. Above that, the 24,300 to 24,400 region is the next important hurdle.
Bank Nifty below 58,000
Bank Nifty has moved back below 58,000 after Monday’s late rally. The immediate supports are near 57,510 and 57,200.
Resistance is placed around 58,240, followed by 58,500 to 58,700.
Nifty weekly derivatives expiry
Tuesday is the NSE’s scheduled expiry day for Nifty weekly derivative contracts. Position adjustments and option-related activity can cause additional intraday volatility, particularly near major strike prices and during the closing period.
Oil and the Strait of Hormuz
Further escalation between the US and Iran could keep Brent crude above $90. Any disruption to shipping through the Strait of Hormuz could affect oil-importing economies such as India.
Global monetary policy
Markets will track US Treasury yields and the August US employment report due on 4 September. Strong employment data could strengthen expectations of a Federal Reserve rate increase.
Domestic indicators
Other factors to monitor include:
- August automobile sales
- Manufacturing and services PMI data
- FII and DII activity
- The rupee-dollar exchange rate
- Corporate announcements
- Market breadth beyond heavyweight stocks
There is no NSE or BSE trading holiday on 1 September 2026. The next scheduled capital-market holiday is Ganesh Chaturthi on 14 September.
Stock Market Outlook
The intraday tone is range-bound and cautious. The recovery in the Sensex and Nifty is encouraging, but weak broader-market breadth and the decline in Bank Nifty show that the market has not established a strong upward trend.
Strong GDP growth, a firmer rupee and gains in heavyweight stocks are providing support. In contrast, crude oil above $91, heavy FII selling, elevated US bond yields and geopolitical uncertainty are limiting the upside.
Holding above 24,000 could allow Nifty to remain within its recent consolidation range. A sustained move above 24,200 would be needed to improve the immediate technical picture. A fall below 24,000 would increase the risk of another move towards 23,900 to 23,800.
Frequently Asked Questions
Why did the Indian stock market recover today?
The market recovered because India’s GDP grew faster than expected and heavyweight stocks such as ITC, Adani Ports, Bharti Airtel and Reliance Industries gained. A stronger rupee also provided support.
What is the Sensex level today?
At approximately 11:00 AM IST on 1 September 2026, the Sensex traded at 77,023.93, up 66.66 points or 0.09%.
What is the Nifty level today?
The Nifty 50 traded at 24,084.65 at 11:00 AM, up 4.25 points or 0.02%.
Why is Bank Nifty falling today?
Bank Nifty declined as traders booked profits following its strong closing-auction rally on Monday. Weakness in several private and public-sector banks also affected the index.
Which sectors are performing well today?
FMCG, media, automobiles, metals and IT stocks supported the market. Realty, pharmaceuticals, healthcare and banking stocks remained weak.
Why are crude oil prices important for Indian equities?
India imports most of its crude oil. Higher prices can increase inflation, weaken the rupee, raise corporate costs and affect the country’s current-account balance.
What are the important Nifty levels today?
Immediate support is near 24,000. Resistance is placed around 24,190 to 24,200, followed by 24,300 to 24,400.
Is the stock market open on 1 September 2026?
Yes. NSE and BSE are open for normal trading. It is also the scheduled weekly expiry day for NSE Nifty derivative contracts.
Key Takeaways
- Sensex recovered to 77,023.93 by 11:00 AM.
- Nifty traded almost flat at 24,084.65.
- Bank Nifty remained weak near 57,466.
- India VIX declined to 11.04.
- Strong 7.8% GDP growth supported domestic sentiment.
- Brent crude remained above $91 per barrel.
- FIIs sold ₹7,985.9 crore on 31 August.
- ITC and Adani Ports led the Nifty gainers.
- Realty, pharmaceuticals and banks remained under pressure.
- Nifty’s 24,000 support is the main intraday level to watch.
Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice or a recommendation to buy, sell or hold any security.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
