Market Highlights: Nifty 50 Trades Lower, Dips 192 Points; Midcaps Also See Declines Mid-Session | 02 Sept 2026, 02:00 PM IST
By ThePip Desk
Indian equities trade lower mid-session, with Nifty 50 hovering near 23,863.55, down 0.80%. Broader market indices also show significant declines.
Indian equity benchmarks are trading lower mid-session as of Wednesday, 2 September 2026, intraday, reflecting broad-based selling pressure across segments. Investors are closely monitoring market movements as the trading day progresses, with key indices showing significant declines.
Major Indices Performance
The Nifty 50 is currently trading at 23863.55, registering a decline of 192 points, or −0.80%, from its previous close. This downward movement indicates a cautious sentiment prevailing in the large-cap segment. Similarly, the Nifty Bank index is also experiencing weakness, trading at 57021.90, down by 388 points, which translates to a −0.68% drop. The broader market is not immune to this trend, with the NIFTY Midcap 100 index notably lower, shedding 581 points, or −0.92%, to stand at 62753.55, indicating widespread selling pressure beyond just the frontline indices.
| Index | Current Value | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23863.55 | −192 pts | −0.80% |
| Nifty Bank | 57021.90 | −388 pts | −0.68% |
| NIFTY Midcap 100 | 62753.55 | −581 pts | −0.92% |
Top Gainers and Losers
Among the Nifty 50 constituents, Coal India Ltd. (COALINDIA) is leading the gainers during the afternoon session, trading +3.64% higher, adding 14.60 points to reach ₹416.2. Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) is also showing strength, up +1.69% with a gain of 27.80 points, trading at ₹1675.3. Power Grid Corporation Of India Ltd. (POWERGRID) is another notable gainer, advancing +1.19%, or 3.15 points, to ₹267.7. Adani Enterprises Ltd. (ADANIENT) is also trading positively, up +1.11%, adding 31.70 points to ₹2895.6, alongside Tata Motors Passenger Vehicles Ltd. (TMPV), which is up +0.68%, gaining 2.10 points to ₹312.1.
| Company | Symbol | Current Price | Change | % Change |
|---|---|---|---|---|
| Coal India Ltd. | COALINDIA | ₹416.2 | +14.60 pts | +3.64% |
| Adani Ports and Special Economic Zone Ltd. | ADANIPORTS | ₹1675.3 | +27.80 pts | +1.69% |
| Power Grid Corporation Of India Ltd. | POWERGRID | ₹267.7 | +3.15 pts | +1.19% |
| Adani Enterprises Ltd. | ADANIENT | ₹2895.6 | +31.70 pts | +1.11% |
| Tata Motors Passenger Vehicles Ltd. | TMPV | ₹312.1 | +2.10 pts | +0.68% |
Conversely, the list of top losers is dominated by auto sector stocks. Hero MotoCorp Ltd. (HEROMOTOCO) is experiencing significant selling pressure, trading −6.07% lower, shedding 337.00 points to ₹5218. Eicher Motors Ltd. (EICHERMOT) is also down substantially by −4.72%, losing 376.50 points, and trading at ₹7593.5. Bajaj Auto Ltd. (BAJAJ-AUTO) is lower by −2.93%, a decline of 362.00 points, to ₹11999, while Mahindra & Mahindra Ltd. (M&M) is trading at ₹3170, down −2.73%, or 89.00 points. Asian Paints Ltd. (ASIANPAINT) rounds out the top five losers, down −2.10%, losing 54.10 points, to ₹2521.4.
| Company | Symbol | Current Price | Change | % Change |
|---|---|---|---|---|
| Hero MotoCorp Ltd. | HEROMOTOCO | ₹5218 | −337.00 pts | −6.07% |
| Eicher Motors Ltd. | EICHERMOT | ₹7593.5 | −376.50 pts | −4.72% |
| Bajaj Auto Ltd. | BAJAJ-AUTO | ₹11999 | −362.00 pts | −2.93% |
| Mahindra & Mahindra Ltd. | M&M | ₹3170 | −89.00 pts | −2.73% |
| Asian Paints Ltd. | ASIANPAINT | ₹2521.4 | −54.10 pts | −2.10% |
FII and DII Activity
In the previous trading session on 1 September 2026, Foreign Institutional Investors (FIIs) demonstrated net buying activity, injecting a substantial +1,143.38 crore into the Indian equity market. Concurrently, Domestic Institutional Investors (DIIs) also exhibited strong buying interest, with net inflows amounting to +1,846.94 crore, suggesting underlying domestic support despite today’s intraday declines.
Overall, the Indian equity market is currently exhibiting a cautious sentiment with major indices trading firmly in the red during the afternoon session, reflecting broad-based selling pressure.