News

Post Market Update- Sensex down 555 points, Nifty below 23,650

Stocks in the news-

1. Biocon secured 10-year supply contract for Pertuzumab in Brazil.

2. GE Vernova emerged lowest bidder for Power Grid project.

3. Suzlon won its maiden 200 MW wind energy order from Ayana Renewable Power.

4. Jupiter Wagons get order worth over Rs. 97.66 crore from GATX.

Indian indices-

Indian equities ended lower on September 08, 2026, dragged by weakness in key sectors as investors remained cautious amid rising crude oil prices and global market uncertainties. Majority of the sectoral indices ended in red. At close, the Sensex was down 555.23 points or 0.73% at 75,577.58, and the Nifty was down 144.05 points or 0.61% at 23,635.10.

The rupee depreciated 33 paise, closing at 94.82 per dollar against Monday’s close of 94.49 amid weakness.

Buzzing stocks on BSE-

1. GE Vernova T&D soared 8.92% to Rs. 4,752, after the firm received a contract from Power Grid Corporation of India to establish a High Voltage Direct Current (HVDC) LCC terminal station for evacuating renewable energy.

2. Organic Recycling Systems jumped 4.11% to Rs 176.05 after the company announced that it has secured two landmark EPCOM contracts from Bharat Petroleum Corporation (BPCL), aggregating Rs 167.30 crore.

3. Hindustan Copper rose 4.67% to Rs. 532.65, after copper prices surged to a record high on the London Metal Exchange (LME).

4. Symphony jumped 5.81% to Rs. 608, on expansion into AC, fan and airpuritifers categories.

Global Signals-

Asian markets traded mixed as rising oil prices and Middle East tensions kept investor sentiment cautious.

European markets traded lower in early deals as rising oil prices and Middle East tensions weighed on risk sentiment.