Closing Bell: Nifty 50 Ends Flat at 23904 as Banking Stocks Lead Market Recovery | 03 Sept 2026, 03:45 PM IST
Key Highlights
The Nifty 50 closed at 23904.10 on Thursday, September 3, 2026. Banking gains offset broader market weakness in a session defined by sector-specific moves.
Market Overview
The Indian equity markets concluded the trading session on Thursday, 03 September 2026, with the settling at 23904.10, down by −10.35 points (−0.04%). While the benchmark index remained largely unchanged, the Nifty Bank index outperformed, closing at 57433.65, up by +261.65 points (+0.46%). The NIFTY Midcap 100 also showed resilience, finishing at 63167.75, a gain of +166.15 points (+0.26%).
Top Performers and Laggards
| Company | Close | Change % |
|---|---|---|
| Adani Ports | 1699 | +1.57% |
| Axis Bank | 1270.5 | +1.32% |
| HDFC Bank | 708.75 | +1.13% |
| Tech Mahindra | 1596.2 | −1.65% |
| Cipla | 1389.9 | −1.62% |
Corporate Developments
Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) led the gains after reporting a 19% growth in cargo volume for August 2026, handling a record 50 MMT. Meanwhile, Axis Bank Ltd. (AXISBANK) shares climbed as the bank announced the inauguration of 50 new branches across eight states, including Maharashtra, West Bengal, Odisha, and Tamil Nadu.
and Activity
Institutional participation remained active. FIIs recorded a net inflow of ₹6688.37 crore on 02 September 2026, while DIIs added ₹2812.98 crore to their holdings.