Market Highlights: Nifty 50 Trades Lower, Adani Stocks See Significant Intraday Declines | 31 Aug 2026, 02:00 PM IST
Key Highlights
The Nifty 50 is trading at 24069.85, down 0.44% intraday, as broader markets face pressure. Adani Enterprises leads the losers with a nearly 5% fall.
As of Monday, 31 August 2026, intraday, Indian equity markets are experiencing a downward trend, with key indices trading in negative territory mid-session, reflecting a cautious mood among investors.
Major Indices Hover Lower
The is currently trading at 24069.85, registering a decline of 0.44%, which translates to a loss of 106 points from its previous close. The banking benchmark, Nifty Bank, is also under pressure, hovering at 57416.20, down 0.14%, or 80 points. Broader market sentiment is also weak, with the NIFTY Midcap 100 trading at 63713.70, experiencing a more significant drop of 0.56%, equivalent to 356 points. This indicates a broad-based weakness across different market capitalizations during the afternoon session.
| Index | Current Value | Change (Points) | Change (%) |
|---|---|---|---|
| Nifty 50 | 24069.85 | −106 | −0.44% |
| Nifty Bank | 57416.20 | −80 | −0.14% |
| NIFTY Midcap 100 | 63713.70 | −356 | −0.56% |
Top Movers: Gainers and Losers
Among the Nifty 50 constituents, a few stocks are managing to defy the broader market trend. ICICI Bank Ltd. is leading the gainers, currently trading at ₹1442.1, up by 1.36%, adding 19.30 points. Mahindra & Mahindra Ltd. is also seeing positive momentum, advancing 0.78% to trade at ₹3359.9, a gain of 25.90 points. Bajaj Auto Ltd. is trading higher by 0.61%, adding 73.00 points to reach ₹11983. Grasim Industries Ltd. is up 0.52%, trading at ₹3307.2 with a 17.20 point increase. Maruti Suzuki India Ltd. completes the list of top five gainers, advancing 0.43%, or 57.00 points, to trade at ₹13433.
| Company | Current Price | Change (Points) | Change (%) |
|---|---|---|---|
| ICICI Bank Ltd. | ₹1442.1 | +19.30 | +1.36% |
| Mahindra & Mahindra Ltd. | ₹3359.9 | +25.90 | +0.78% |
| Bajaj Auto Ltd. | ₹11983 | +73.00 | +0.61% |
| Grasim Industries Ltd. | ₹3307.2 | +17.20 | +0.52% |
| Maruti Suzuki India Ltd. | ₹13433 | +57.00 | +0.43% |
Conversely, several stocks are facing significant selling pressure. Adani Enterprises Ltd. is experiencing a sharp decline, down 4.93%, losing 156.20 points to trade at ₹3012.3. This substantial fall makes it the top loser in the Nifty 50. Adani Ports and Special Economic Zone Ltd. is also seeing considerable selling pressure, falling 2.68%, a drop of 45.70 points, to ₹1661.8. Tata Steel Ltd. is trading lower by 2.47%, shedding 4.60 points, at ₹181.9. Infosys Ltd. is down 1.85%, losing 21.20 points, to trade at ₹1122.8. Bharat Petroleum Corporation Ltd. (BPCL) is also experiencing a similar decline, down 1.85%, or 5.90 points, to ₹313.35.
| Company | Current Price | Change (Points) | Change (%) |
|---|---|---|---|
| Adani Enterprises Ltd. | ₹3012.3 | −156.20 | −4.93% |
| Adani Ports and Special Economic Zone Ltd. | ₹1661.8 | −45.70 | −2.68% |
| Tata Steel Ltd. | ₹181.9 | −4.60 | −2.47% |
| Infosys Ltd. | ₹1122.8 | −21.20 | −1.85% |
| Bharat Petroleum Corporation Ltd. | ₹313.35 | −5.90 | −1.85% |
/ Activity
Provisional data for the previous trading session, Friday, 28 August 2026, indicates that Foreign Institutional Investors (FIIs) were net sellers in the Indian equity market, offloading equities worth ₹5,039.8 crore. This outflow from foreign investors suggests a cautious stance. However, Domestic Institutional Investors (DIIs) provided crucial support by being net buyers, injecting a substantial ₹5,183.93 crore into the market. This robust DII buying largely helped to absorb the FII outflows and prevent a steeper decline.
Overall, Indian equities are exhibiting a cautious sentiment mid-session, with selling pressure visible across major indices, particularly in specific large-cap stocks, though sustained DII buying provides some underlying support.