Stock market afternoon trade: Nifty 50 at 23,166.00 down 0.86%, Sensex at 73,620.35 down 0.84%, Nifty metal declines 1.70%
In the afternoon session on 8th June 2026, the Indian stock market witnessed a downward trend as the Nifty 50 fell to 23,166.00, marking a 0.86% decline from its opening level of 23,080.70. Similarly, the Sensex also experienced a dip, trading at 73,620.35, down 0.84% from its opening mark of 73,421.61. The overall market sentiment appeared cautious, with significant declines observed in key sectoral indices.
Index movements
The Nifty 50 opened at 23,080.70 and reached a high of 23,267.30, while its lowest point was 23,070.15. Throughout the session, the index showed fluctuating movements, peaking at 23,244.85 around 13:00 IST before sliding back to 23,166.00. The Sensex mirrored this trend, opening at 73,421.61, hitting a high of 73,934.35, and a low of 73,318.94, before settling at 73,620.35. Meanwhile, the Bank Nifty showed a slight decline, opening at 53,853.45 and trading at 54,144.10, a 0.65% drop from its opening.
Sectoral performance
The Nifty Metal index led the sectoral declines, dropping 1.70% to 12,996.75 from its opening of 13,011.10. The Nifty Realty and Nifty Auto indices also faced losses, declining by 1.60% and 1.51% respectively. On the other hand, the Nifty Pharma index showed resilience, gaining 0.07% to reach 24,265.20 from its opening level of 24,090.15. Other sectors like Nifty IT and Nifty Energy also experienced minor declines.
Market breadth
The broader market indices reflected a similar trend, with the Nifty 100 and Nifty 500 indices both experiencing declines. The Nifty 100 fell by 0.90% to 24,178.55, while the Nifty 500 decreased by 0.93% to 22,255.65. The Nifty Midcap 100, however, showed some strength, trading at 60,257.75, a 0.82% decline from its opening level.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,080.70 | 23,267.30 | 23,070.15 | 23,166.00 | -0.86% |
| Sensex | 73,421.61 | 73,934.35 | 73,318.94 | 73,620.35 | -0.84% |
| India VIX | 15.79 | 18.44 | 15.79 | 16.95 | +7.35% |
| Nifty Metal | 13,011.10 | 13,075.55 | 12,944.60 | 12,996.75 | -1.70% |
| Nifty Realty | 760.75 | 763.85 | 751.90 | 756.60 | -1.60% |
| Nifty Auto | 25,798.60 | 25,926.15 | 25,715.50 | 25,770.15 | -1.51% |
| Nifty IT | 28,577.70 | 28,915.85 | 28,417.70 | 28,701.65 | -1.06% |
| Nifty 500 | 22,191.55 | 22,357.70 | 22,146.60 | 22,255.65 | -0.93% |
| Nifty 100 | 24,100.00 | 24,285.05 | 24,067.60 | 24,178.55 | -0.90% |
| Nifty Energy | 39,847.60 | 40,187.80 | 39,661.20 | 39,998.60 | -0.86% |
| Nifty Midcap 100 | 59,976.20 | 60,569.85 | 59,772.15 | 60,257.75 | -0.82% |
| Bank Nifty | 53,853.45 | 54,455.20 | 53,843.30 | 54,144.10 | -0.65% |
| Nifty Media | 1,496.90 | 1,517.00 | 1,484.00 | 1,495.25 | -0.48% |
| Nifty Midcap 50 | 16,973.05 | 17,208.40 | 16,936.55 | 17,118.75 | -0.47% |
| Nifty PSU Bank | 8,171.15 | 8,346.95 | 8,165.70 | 8,225.75 | -0.40% |
| Nifty FMCG | 47,935.10 | 48,458.55 | 47,674.70 | 48,205.60 | -0.20% |
| Nifty Pharma | 24,090.15 | 24,417.10 | 24,059.65 | 24,265.20 | +0.07% |
Market outlook
As the session progresses, investors will be closely monitoring the market for any signs of recovery or further declines. The increased volatility, as indicated by the rise in India VIX to 16.95, suggests that market participants are cautious. The focus will likely remain on sectoral performances and any potential developments that could influence market sentiment.
Data as on Jun 8, 2026, 02:00 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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