← Back to News
Nifty trades below 23,900 level; auto shares plunge for 6th day

Nifty trades below 23,900 level; auto shares plunge for 6th day

Nifty trades below 23,900 level; auto shares plunge for 6th day | Capital Market News - Business StandardWednesday,

September 02, 2026 | 10:58 AM ISTहिंदी में पढें Home Markets IPO Recent IPOS List Stock Market

News The Smart Investor Commodities Cryptocurrency Mutual Fund Stock Companies list Portfolio

Sensex(    %)                             

Nifty(    %)                              Nifty

Midcap(    %)                              Nifty

Smallcap(    %)                              Nifty

Bank(    %)                              Nifty

IT(    %)                             Buzzing :Stock Market LiveStocks to watchStocks

to buyVi Shah Rukh KhanNifty Auto SensexCoal India ShareIndia Q1 GDP GrowthNepal FloodsIMD Weather Forecast Home /

Markets / Capital Market News / Nifty trades below 23,900 level; auto shares plunge for 6th dayNifty trades below 23,900

level; auto shares plunge for 6th day Last Updated : Sep 02 2026 | 10:53 AM ISTThe key equity benchmarks traded major

losses in the morning trade amid rise in crude oil prices, higher bond yields heightened concerns over a potential

resurgence in inflation, raising fears that central banks could maintain or adopt tighter monetary policy. Escalating

US-Iran tensions further weighed on investor sentiment and kept risk appetite subdued. The Nifty traded below the 23,900

level. Auto shares tumbled for the six consecutive trading sessions. At 09:25 IST, the barometer index, the S&P BSE

Sensex declined 490.11 points or 0.64% to 76,455.53. The Nifty 50 index tanked 181.05 points or 0.76% to 23,873.05. In

the broader market, the BSE 150 MidCap Index tumbled 0.89% and the BSE 250 SmallCap Index dropped 0.40%.   The market

breadth was negative. On the BSE, 1,599 shares rose and 2,168 shares fell. A total of 250 shares were unchanged. In the

commodities market, Brent crude for the November 2026 settlement jumped 66 cents or 0.70% to $95.31 a barrel. Also Read

Stock Market LIVE: Sensex drops 400 pts, Nifty near 23,900; Nifty Auto tumbles 2%ACB incorporates advanced broadcast

tech for Afghanistan-India T20IsMeet Shakti Sharma, first woman non-medical Air Vice Marshal in IAFBank of America VP

killed in stabbing incident in New York's Times SquareNifty Auto tanks 2%; Eicher, Hero Moto top losers:

What's behind the fall? New Listing: Shares of Annu Projects were currently trading at Rs 77 at 10:24 IST on the

BSE, representing a discount of 22.22% as compared with the issue price of Rs 99 The stock debuted at Rs 75 on the BSE,

a discount of 24.24% over its issue price. So far, the stock has hit a high of Rs 78.74 and a low of Rs 71.25. On the

BSE, over 5.81 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Auto index

declined 2.14% to 27,882.20. The index plunged 4.57% in the six consecutive trading sessions. Hero MotoCorp (down

4.37%), Eicher Motors (down 4.29%), Sona BLW Precision Forgings (down 3.8%), Bosch (down 3.71%), Bajaj Auto (down

3.06%), Samvardhana Motherson International (down 2.3%), Uno Minda (down 2.28%), TVS Motor Company (down 2.04%), Tube

Investments of India (down 1.99%) and Mahindra & Mahindra (down 1.92%) tumbled. Stocks in Spotlight: Coal India rose

3.88% after the company reported a 5.50% increase in total coal supplies to 60.60 million tonnes (MT) in August FY27

from 57.40 MT in August FY26. BEML fell 0.23%. The company announced that it has secured an additional order worth Rs

180.60 crore from Integral Coach Factory for manufacturing & supply of Vande Bharat (Sleeper) trainsets.Powered by

Capital Market - Live NewsDisclaimer: No Business Standard Journalist was involved in creation of this contentMore From

This SectionINR losses momentum amid renewed US-Iran tensions and higher oil pricesESDS Software Solution IPO ends with

135.88 times subscriptionPriority Jewels IPO ends with 100.45 times subscriptionMaruti Suzuki achieves milestone of 15

lakh Eeco salesGPT Infraprojects wins RVNL project worth Rs 483 crDon't miss the most important news and views of

the day. Get them on our Telegram channelFirst Published: Sep 02 2026 | 10:53 AM ISTHOT STOCKSSuzlon Energy Share

PriceAdani Enterprises Share PriceAdani Power Share PriceIRFC Share PriceTata Motors PV Share priceBHEL Share PriceDr

Reddy Share PriceVodafone Idea Share PriceTRENDING NEWSStock Market LiveStocks to watchBank holidays in September

2026Reasons for Today's Stock Market CrashTop Losers TodayTop Gainers TodayDeep Dive IMD Weather ForecastNew Tax

RegimeLIC Bima Platinum and Jeevan Raksha PlansBofA VP killedDeepa Jewellers IPOPMAY 2.0 Home Loan SubsidyShakti

SharmaCALCULATORSIncome Tax CalculatorCrorepati CalculatorNet Worth CalculatorEMI CalculatorSIP Calculator Retirement

CalculatorCar Loan CalculatorHome Loan CalculatorEducation Loan CalculatorMarriage Plan CalculatorQUICK LINKSStock

Companies ListSubscribe to NewslettersFree Sudoku PuzzleFree Crossword PuzzleTOP SECTIONSLatest NewsCompany NewsMarket

NewsIPO NewsCommodity NewsImmigration NewsCricket NewsPersonal FinanceTechnology NewsWorld NewsIndustry NewsEducation

NewsOpinionHealth NewsEconomy NewsIndia NewsPolitics NewsBudget 2026Today's PaperAbout UsT&CPrivacy

PolicyCookie PolicyDisclaimerInvestor CommunicationGST registration number ListComplianceContact UsAdvertise with

UsSitemapSubscribeCareersBS AppsCopyrights © 2026 Business Standard Private Ltd. All rights reserved

Source: www.business-standard.com