Closing Bell: Nifty 50 Slips 137 Points as IT and Metal Stocks Weigh Down Markets | 07 Sept 2026, 03:45 PM IST
By ThePip Desk
The Nifty 50 closed at 23760.30 on Monday, 07 September 2026, as losses in the IT and metal sectors offset gains in healthcare and automotive stocks.
Market Overview
The Indian equity markets concluded the trading session on Monday, 07 September 2026, in the red. The Nifty 50 settled at 23760.30, marking a decline of −137.40 (−0.57%). The Nifty Bank index finished at 57056.75, down −312.90 (−0.55%), while the NIFTY Midcap 100 index closed at 62720.35, shedding −358.70 (−0.57%).
Top Performers and Laggards
Apollo Hospitals Enterprise Ltd. led the gains, rising +2.02% to ₹8825, supported by a 34% rise in Q1 net profit. Eicher Motors Ltd. also saw positive momentum, climbing +1.04% to ₹7710 following the launch of the Himalayan 440 and strong August sales figures. Conversely, Infosys Ltd. faced significant selling pressure, dropping −3.78% to ₹1087.3. SBI Life Insurance Company Ltd. and Tech Mahindra Ltd. followed, declining −2.42% and −2.40% respectively.
| Index | Close | Change | Change % |
|---|---|---|---|
| Nifty 50 | 23760.30 | −137.40 | −0.57% |
| Nifty Bank | 57056.75 | −312.90 | −0.55% |
| NIFTY Midcap 100 | 62720.35 | −358.70 | −0.57% |
What to Watch
Investors should monitor the continued divergence in institutional flows, as FIIs net sold ₹3111.94 crore while DIIs net bought ₹8930.12 crore in the previous session. Market participants will look for stability in the IT and metal sectors to gauge potential recovery in tomorrow’s session.