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Markets end lower: Nifty settles below 23,200, Sensex down over 700 points; Eternal, M&M among key losers – Market News

Markets end lower: Nifty settles below 23,200, Sensex down over 700 points; Eternal, M&M among key losers – Market News

Sensex, Nifty at close: At the closing bell, the benchmark indices ended sharply lower, with the Sensex declining 719.08 points, or 0.97%, to settle at 73,524.26, while the Nifty dropped 243.70 points, or 1.04%, to close at 23,123.00.

Sensex, Nifty at 3:15 PM: In the late trading session, the benchmark indices remained under pressure, with the Sensex falling 706.84 points, or 0.95%, to 73,536.50, while the Nifty declined 241.35 points, or 1.03%, to 23,125.35.

Sensex, Nifty at 2:15 PM: In afternoon trade, the benchmark indices remained under pressure, with the Sensex falling 637.76 points, or 0.86%, to 73,605.58, while the Nifty declined 205.85 points, or 0.88%, to 23,160.85.

Sensex, Nifty at 11 AM: In intraday trade, the Sensex declined 522.98 points, or 0.70%, to 73,720.36, while the Nifty fell 169.60 points, or 0.73%, to 23,197.10.

Nifty 50, Sensex today at open: Indian equity markets opened gap down on Monday after the global sentiments were spooked by the escalated tension in West Asia, which led to a surge in crude oil prices. The NSE Nifty 50 opened the trade 257 points or 1.10% lower at 23,109, while the BSE Sensex dropped 817 points or 1.10% to open at 73,426.

The sell-off was broad-based as Nifty Bank and Midcap 100 declined 1% and 1.55%, respectively.

Wipro, Tata Consultancy Services, Mahindra & Mahindra, Hindalco Industries, and Bajaj Finance were the major losers of the early trade in the Nifty 50.

Share market today ahead of opening, June 08: The Asian markets dropped further deep in the red after Israel struck back at Iran. Overnight, Iran launched missiles at Israel, jeopardising the peace deal, and this led to significant investor apprehension. The US futures also saw a significant fall, with Dow futures dropping 0.25%.

However, the GIFT Nifty is indicating a positive start, up 50 points or 0.23%. 

Earlier on Friday, the NSE Nifty 50 closed the session 50 points or 0.21% lower at 23,367, while the BSE Sensex fell 117 points or 0.16% to close at 74,243.

Key global and domestic cues to know on June 08, 2026

Asian Markets

Asia-Pacific markets cut deepened after Israel struck back at Iran. The South Korean equities benchmark Kospi halted trading for the day after falling 10%. Japan’s Nikkei 225 dropped 3.4%. Hong Kong Hang Seng index futures last traded at 24,544, lower than the index’s Friday close of 24,961.95.

US markets

The futures tied to the US benchmarks traded on a lower note after Iran fired missiles at Israel. Futures tied to the Dow Jones Industrial Average further lost 124 points, or 0.25%. S&P 500 futures and Nasdaq 100 futures each lost 0.2% as well.

On Friday, the US equity markets closed on a lower note as May jobs data came in higher than expected. On Friday, the Nasdaq Composite fell 4.18% to 25,709.43. The S&P 500 sank 2.64% to close at 7,383.74, and the Dow lost 695 points to end the week at 50,866.78.

Crude oil

West Texas Intermediate (WTI) crude futures surged 2.16% to $92.50 per barrel. On the other hand, Brent crude futures with August delivery traded 2.35% higher at $95.28 this morning. On COMEX, crude prices advanced 2.15% to trade at $92.49 a barrel.

Gold rate today

The rate for 24-carat gold today is Rs 1,55,480 per 10 grams. The price of gold has fallen by 2.42% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,55,210 per 10 grams. The 18-carat gold price today in India is Rs 1,16,610. The 24-carat gold rate in Dubai today is Rs 1,49,590. On COMEX, the precious metal was trading at a price of Rs 4,373.80 an ounce, up 0.19%.

Silver rate today

In India, the silver rate fell 6.2% to Rs 2.48 lakh per kilogram. On COMEX, Silver prices traded 0.97% lower at $68.43 per troy ounce. Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors (FIIs) were net sellers of shares worth Rs 8,776.25 crore. On the other hand, the Domestic institutional investors (DIIs) were the net buyers of shares worth Rs 9,133.57 crore on June 05, 2026, according to the provisional data available on the NSE.

US dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.03% lower at 100.04. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.89% to close at 94.95 to the dollar on June 05.

The Aquaculture sector stocks rose the most in Friday’s trade, rising 2.55% in market capitalisation. Further, Wood stocks were followed by the Recycling sector stocks, which were further followed by the Infrastructure sector stocks. However, the Metal stocks fell the most, declining over 5%.

The Essel Group’s market cap rose the most in Friday’s session, rising 6.65%. It was followed by the Yash Birla Group. Apart from that, Adani Group’s market capitalisation rose the most, increasing 2.4%. In the list of Adani Group stocks, Adani Green Energy’s share rallied 7.17%.

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