Market Highlights: Nifty Hovers Near Flat; Midcaps, Bank Nifty See Significant Intraday Declines | 01 Sept 2026, 02:01 PM IST
By ThePip Desk
Indian equities are largely subdued mid-session, with Nifty 50 hovering at 24059.95. Midcap and Banking indices face notable pressure, down over 1%.
Indian equity markets are navigating a mixed to negative session as of Tuesday, 1 September 2026, intraday. While the benchmark Nifty 50 hovers near flat, broader markets, particularly midcaps and banking stocks, are experiencing significant pressure. This afternoon snapshot captures the live movements across key indices and individual stocks, offering a real-time perspective as the trading session progresses towards its close.
Major Indices Performance Intraday
As the afternoon session unfolds, the key Indian indices are currently trading with varied performance, reflecting underlying market dynamics:
| Index | Current Value | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24059.95 | −20 pts | −0.08% |
| Nifty Bank | 57440.70 | −584 pts | −1.01% |
| NIFTY Midcap 100 | 63493.45 | −731 pts | −1.14% |
The Nifty 50 is trading at 24059.95, reflecting a marginal decline of −0.08%. In contrast, the Nifty Bank index is experiencing a more pronounced downturn, currently down −1.01% to trade at 57440.70. Similarly, the NIFTY Midcap 100 is facing considerable selling pressure, currently at 63493.45, marking a −1.14% dip. This divergence highlights a broader market weakness, especially in banking and mid-cap segments, despite the Nifty 50’s relatively stable stance.
Top Movers Intraday
Amidst the broader market trends, individual stocks are displaying significant divergence, with some registering strong gains while others face notable declines, influencing sector-specific momentum.
Nifty 50 Top Gainers
| Company | Current Price (₹) | Change (pts) | % Change |
|---|---|---|---|
| ITC Ltd. (ITC) | 267.95 | +12.45 | +4.87% |
| HCL Technologies Ltd. (HCLTECH) | 1364.6 | +52.40 | +3.99% |
| Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) | 1648.7 | +55.60 | +3.49% |
| Bharti Airtel Ltd. (BHARTIARTL) | 1869.5 | +57.60 | +3.18% |
| Dr. Reddy’s Laboratories Ltd. (DRREDDY) | 1178.8 | +24.40 | +2.11% |
Leading the gainers, ITC Ltd. is trading significantly higher by +4.87%. HCL Technologies Ltd. is also performing strongly, up +3.99%. Adani Ports, Bharti Airtel, and Dr. Reddy’s Laboratories are among the top five, posting gains of +3.49%, +3.18%, and +2.11% respectively, indicating pockets of strength in specific large-cap counters.
Nifty 50 Top Losers
| Company | Current Price (₹) | Change (pts) | % Change |
|---|---|---|---|
| Maruti Suzuki India Ltd. (MARUTI) | 12930 | −617.00 | −4.55% |
| Shriram Finance Ltd. (SHRIRAMFIN) | 1061.4 | −48.50 | −4.37% |
| Nestle India Ltd. (NESTLEIND) | 1444.9 | −51.60 | −3.45% |
| Interglobe Aviation Ltd. (INDIGO) | 5079.5 | −154.50 | −2.95% |
| Asian Paints Ltd. (ASIANPAINT) | 2576.6 | −77.00 | −2.90% |
Conversely, Maruti Suzuki India Ltd. stands out as the biggest laggard, plummeting −4.55%. Shriram Finance Ltd. is also notably lower, down −4.37%. Nestle India Ltd. is experiencing a decline of −3.45%. Interglobe Aviation Ltd. is down −2.95%, and Asian Paints Ltd. is also facing pressure, down −2.90%. These declines indicate sector-specific headwinds impacting automotive, finance, and consumer goods.
FII and DII Activity
Provisional data for the previous trading session on 2026-08-31 provides crucial insight into institutional investor behaviour. Foreign Institutional Investors (FIIs) were net sellers, recording a substantial outflow of −7,985.88 cr. This significant selling pressure from foreign funds was partially counteracted by Domestic Institutional Investors (DIIs), who were net buyers, injecting +4,588.88 cr into the market, providing some level of support.
Futures Market Overview
Specific data regarding the futures market is not available for inclusion in this intraday report, thus limiting a comprehensive analysis of derivatives sentiment at this time.
Overall, the Indian equity market is displaying a cautious and somewhat negative sentiment in the afternoon session, characterized by significant selling pressure in broader indices, particularly midcaps and banking stocks, despite some notable individual stock gains, suggesting a selective approach by investors.