Market Today Wed 8 Jul 2026
08 Jul
15,366
1d streak
July 2026
AI summary
Nifty fell 2.12% (516 pts) and Sensex dropped 2.15% (1,677 pts) in a broad market sell-off led by banking and media stocks.
Bank Nifty crashed 2.51%, with PSU Bank index sliding 3.99% as financial stocks bore the brunt of today's selloff.
Gold fell ₹2,562 per 10g and silver slid ₹6,298 per kg, reflecting risk-off sentiment and a strengthening US dollar (95.56).
FII inflows of ₹393 cr were offset by DII outflows of ₹383 cr, leaving net flows flat as foreign investors trimmed exposure.
Nifty 50
23,882
-2.12%
Open24,260
High24,300
Low23,805
Prev close24,399
52W high26,373
52W low22,183
Sensex
76,504
-2.15%
Bank Nifty
56,743
-2.51%
Sensex
76,504
-2.15%
Bank Nifty
56,743
-2.51%
🐻
Mood
Fearful
28/100 health
BearBull
FII / DII
FII net+Rs 393 Cr
DII net-Rs 383 Cr
Net flow+Rs 10 Cr
Market stats
Advances4
Declines20
VolumeRs 17,432 Cr
VIX14.68 — Low -- calm
7-session trend
4 green in last 7
-
30
+
1
+
2
+
3
+
6
-
7
-
Now
A health score of 28 reflects severe market stress: steep 2%+ declines across major indices, financial sector capitulation (banking down 2.51%), and commodity weakness signal heightened uncertainty and risk-aversion.
Gainers
ONGC+1.15%
BAJAJ-AUTO+0.65%
HINDALCO+0.42%
Losers
INDIGO-5.1%
JIOFIN-5.02%
SHRIRAMFIN-4.86%
COALINDIA+0.4%
LT+-2.3%
ULTRACEMCO+-2.31%
ASIANPAINT+-2.36%
HDFCBANK+-2.41%
RELIANCE+-2.56%
SBILIFE+-2.56%
MARUTI-3.88%
HINDUNILVR-3.36%
TATACONSUM-3.11%
MAXHEALTH-3.04%
BAJFINANCE-3%
KOTAKBANK-2.95%
M&M-2.91%
Sectors
PSU Bank
-3.99%
Media
-3.96%
Banking
-2.51%
Consumer
-2.23%
FMCG
-2.23%
Realty
-1.67%
IT
-1.37%
Energy
-1.23%
Metal
-1.03%
Pharma
-0.97%
Auto
-0.94%
Commodities & currency
Gold /10g MCX
Rs 124,795-2.01%
Silver /kg MCX
Rs 180,898-3.36%
USD/INR
95.56-0.04%
Today's events
Nifty50 and Sensex both decline over 2%, with Bank Nifty falling 2.51%—sharpest losses in banking and media sectors.
Market Close • Market Correction
Precious metals weaken: gold down ₹2,562/10g, silver down ₹6,298/kg amid risk-off sentiment.
Intraday • Commodities
Up next
Market Recovery Sentiment Watch — Market Open
Investors will monitor global cues and domestic data for signs of stabilization after today's sharp sell-off. FII activity and banking stock recovery will be key indicators.
Yieldora insight
Market Correction Deepens: Time to Review Your SIP Strategy
With Nifty down 2.12% and banking stocks leading losses, volatility has spiked sharply. If you're an existing SIP investor, today's dip presents a disciplined buying opportunity—your next SIP installment will buy at lower NAVs. If you're sitting in cash, this may be the moment to start a SIP and rupee-cost-average into the recovery, rather than trying to time the bottom.
14%
Avg 12m return after similar dips
61%
Times market recovered within 6 months
9.4%
Below 52-week high right now
Based on Nifty 50 data 2010-2024. Past returns don't guarantee future results. Not investment advice.
Read the full 2-minute analysis
Why stocks moved, sector news, top headlines
Expand

Why stocks moved

Top Gainers
ONGC (+1.15%)
Energy stocks showed relative resilience despite broader market weakness, with ONGC gaining 1.15% as crude-linked sentiment stabilized.
  • Oil and gas counters less impacted by domestic financial sector stress
  • Defensive positioning by some investors rotating into lower-volatility energy plays
BAJAJ-AUTO (+0.65%)
Auto sector decline of 0.94% was modest, with Bajaj Auto up 0.65% as select auto names retained strength amid the correction.
  • Two-wheeler demand and margin stability supporting select auto names
  • Profit-booking in other auto names creating relative outperformance for Bajaj
HINDALCO (+0.42%)
Metals sector fell 1.03%, but Hindalco gained 0.42% as aluminum plays showed selective strength despite commodity price declines.
  • Metal stocks diverging on company-specific fundamentals despite sector headwinds
  • Some value-hunting in large-cap metal names after the correction
Top Losers
INDIGO (-5.1%)
Airlines sector faced severe selling pressure as travel demand concerns and rising fuel costs weighed on carriers; IndiGo down 5.1%.
  • Airline sector vulnerable to oil price volatility and demand slowdown
  • Post-earnings profit-taking and growth concerns driving sharp losses
JIOFIN (-5.02%)
Fintech and NBFC sector collapsed along with broader banking stocks, with Jio Financial down 5.02% amid financial sector capitulation.
  • Banking and financial services sell-off dragging down credit-linked NBFC plays
  • Rising interest rate expectations and credit demand slowdown pressuring sector
SHRIRAMFIN (-4.86%)
Shriram Finance plunged 4.86% as NBFC sector bore the brunt of financial sector concerns and funding cost worries.
  • NBFC sector facing liquidity and valuation concerns in today's risk-off environment
  • Profit-taking after recent rallies in financial services names

Sector news

Gaining Sectors

No gaining sector data today.

Declining Sectors
PSU Bank (-3.99%)
PSU Bank index crashed 3.99% as government bank stocks faced aggressive selling amid broader financial sector capitulation and potential RBI policy concerns.
  • Government-linked banks sensitive to policy changes and rate expectations
  • Large institutional profit-booking and risk reduction in banking names
Media (-3.96%)
Media sector fell 3.96% as advertising spend concerns and consumer spending slowdown weighed on broadcasting and content stocks.
  • Discretionary advertising budgets under pressure in economic slowdown scenario
  • Sector seen as high-beta play prone to sharp corrections in risk-off markets
Banking (-2.51%)
Banking index declined 2.51%, with concerns over credit growth, deposit costs, and NPA trends driving sharp institutional selling.
  • Interest rate environment and margin compression fears dominating sentiment
  • Banks underperforming as defensive flows shift to other sectors

Top headlines

Stock market today: Nasdaq leads Dow, S&P 500 lower after Samsung results spark chip sell-off Read article
Global technology sector faces headwinds as Samsung's results triggered a semiconductor sell-off, with US indices trading lower amid broader risk-aversion.
  • Chip sector weakness contagion affecting global tech sentiment and equity valuations
  • US indices under pressure with Fed policy and geopolitical risks in focus
Stock market today: S&P 500, Nasdaq, Dow futures trade flat with Iran and the Fed in focus Read article
Geopolitical tensions and Federal Reserve policy expectations are keeping US futures volatile as investors await clarity on interest rate trajectory.
  • Iran-related geopolitical risks adding to risk-off sentiment and volatility
  • Fed policy uncertainty and potential rate paths dominating investor positioning
Indonesia's Emerging-Market Status Faces Fresh Threat of Potential Downgrade Read article
Emerging market concerns have widened as Indonesia faces potential downgrade risk, raising questions about stability in Asian growth stories.
  • Emerging market fragility raising concerns about regional growth and capital flows
  • Risk-off sentiment spreading across Asia-Pacific emerging markets and equities
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Data for informational purposes only. Not investment advice. Sources: NSE, BSE, AMFI, MCX. Yieldora.in