Sensex, Nifty 50 today at close: Indian equity indices closed Friday’s trade on a higher note, snapping a four-day losing streak. The Nifty 50 settled 24 points or 0.10% higher at 23,897.70, while the 30-stock basket ended 362.57 points or 0.48% higher at 76,515.43.
SBI Life Insurance was the top gainer in the Nifty 50, rising almost 4%. It was followed by Tata Steel, HDFC Life Insurance, Reliance Industries, Trent, and many others.
CAS concerns: SEBI to review settlement price methodology
It’s nearly a month since the implementation of the CAS and there have been significant price swings, especially on expiry days. After the striking 2000-point swing on Sensex on expiry day (September 3), the market regulator highlighted that SEBI would review derivatives settlement methodology
Speaking on the impact of CAS on the closing rate and the SEBI review of it, Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan highlighted that “SEBI is reviewing the derivative settlement price methodology after concerns over volatility following CAS. The regulator is not looking to remove CAS. The aim is to improve the system while retaining better price discovery and transparency.”
He added that, “Going forward, we expect market participants to gradually adapt to the new system. As participation and liquidity in the auction increase, price discovery should improve and the gap between the 3:15 pm level and final close may become more stable. In the long term, CAS should improve transparency and make closing prices more efficient, although investors will need some time to understand and adjust to the new mechanism.”
Shweta Rajani, Associate Director, Anand Rathi Wealth Limited added that, “Therefore, going forward, we are expecting SEBI would consider to refining how derivatives settlement prices are linked to the CAS closing price on expiry days and introducing dynamic, security-specific price-range bands based on their historical volatility, like tighter limits for stocks with higher historical volatility. Such measures could make the mechanism more efficient, reduce the risk of excessive price dislocations and improve overall price discovery. Moreover, SEBI is expected to announce a new consultation draft on the CAS mechanism next week, which could provide greater clarity on the potential changes and the regulator’s direction going forward.”
Sensex, Nifty at 11:45 AM: Indian benchmark indices were trading higher intraday, with the Sensex rising 704.41 points, or 0.92%, to 76,857.27, while the Nifty 50 gained 111.95 points, or 0.47%, to 23,985.40.
Among the major gainers, Reliance Industries rose 2.13%, Trent advanced 1.94%, HDFC Bank gained 1.62%, Bajaj Finserv climbed 1.49%, and Adani Ports added 1.41%.
Sensex, Nifty at 10:00 AM: Indian benchmark indices were trading higher, with the Sensex rising 535.88 points, or 0.70%, to 76,688.74, while the Nifty 50 gained 81.55 points, or 0.34%, to 23,955.
Among the major gainers, Trent advanced 2.17%, Reliance Industries rose 1.92%, Adani Ports gained 1.71%, Bajaj Finserv climbed 1.65%, and Bharat Electronics (BEL) added 1.42%.
Two IPOs make market debut: Today saw two IPO listings on Dalal Street, with ESDS Software Solutions making a much stronger debut than Priority Jewels.
ESDS Software Solutions opened at Rs 757 on the NSE, a 76.46% premium over its issue price of Rs 429. On the BSE, the stock began at Rs 746.30, up 73.96%.
Priority Jewels, meanwhile, opened at Rs 230 on the NSE, gaining 15% over its IPO price of Rs 200. On the BSE, the stock started at Rs 225.20, marking a 12.6% premium.
Sensex, Nifty at open: Indian benchmark indices opened higher on Friday, with the Sensex rising 471.17 points, or 0.62%, to 76,624.03, while the Nifty 50 gained 59.80 points, or 0.25%, to 23,933.25.
Among the major gainers, UltraTech Cement rose 1.92%, while TCS gained 1.60%, Bajaj Finserv advanced 1.51%, Trent climbed 1.48% and HCL Technologies added 1.40%. Bharti Airtel slipped 0.12%, while Asian Paints was almost unchanged.
Sensex, Nifty before pre-open: Indian markets are likely to open higher on Friday, tracking gains in Asian equities and a strong Wall Street session. GIFT Nifty was up 117 points, or 0.49%, at 24,049, signalling a positive start, while US futures remained largely flat. The US treasury yields retreating some ground supported the market sentiment but elevated crude prices is a concern. Brent Crude is hovering near $96 a barrel.
Indian equity indices ended Thursday’s session in the red, with the Nifty 50 declining 41 points, or 0.17%, to 23,873, while the Sensex fell 417.49 points, or 0.55%, to 76,152.86. However the last 20 minutes of trade was rather dramatic with the Sensex seeing a 2100-point swing during the CAS session.
Key global and domestic cues for September 4, 2026
Asian Markets
Asian markets opened higher on Friday. South Korea’s Kospi jumped 1.3%. Japan’s Nikkei 225 gained 0.25%. Meanwhile, Australia’s S&P/ASX 200 edged up 0.14% in early trade.
US futures
US stock futures were largely flat to slightly lower. Dow Jones futures slipped 3 points, or 0.01%, while S&P 500 futures fell 0.03%. Nasdaq-100 futures also declined 0.06%.
US markets
In the last trading session, US equities ended sharply higher, with the S&P 500 rising 1.06% to 7,747.71. The Nasdaq Composite gained 1.4% to 26,584.06, while the Dow Jones Industrial Average climbed 624.16 points, or 1.18%, to 53,686.11.
US Treasury yields fall on Fed Rate signals
US Treasury yields fell on Thursday as investors assessed the Federal Reserve’s latest signals on interest rates. Fed Governor Christopher Waller said he is inclined to keep rates unchanged at the central bank’s meeting later this month, easing some concerns around borrowing costs. The move pushed yields lower across different maturities, with the 10-year Treasury yield, a key benchmark for loans and mortgages also coming under pressure.
Crude oil
In early trade on September 4, Brent crude rose 0.35% to $95.86 a barrel, gaining $0.34. WTI crude climbed 0.51% to $91.77 a barrel, up $0.47.
Gold rate today
In the last trading session, COMEX gold fell 0.28% to 4,527.40, down 12.50 points.
The rate for 24-carat gold today is Rs 1,55,360 per 10 grams. The 24 kt gold rate today in Delhi is Rs 1,55,510 per 10 grams. The 18-carat gold price today in India is Rs 1,16,620. The 24-carat gold rate in Dubai today is Rs 1,55,910.
Silver rate today
In the last trading session, COMEX silver slipped 0.21% to 67.560, down 0.144 points.
Silver prices in India stood at Rs 250.10 per gram, while the price was Rs 2,50,100 per kilogram.
FII, DII data
Foreign investors continued to press the sell button in Indian equities on September 3, with FIIs/FPIs offloading shares worth Rs 2,346 crore, according to provisional exchange data. In contrast, DIIs emerged as net buyers with purchases worth Rs 4,977 crore, more than offsetting the foreign outflows.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.02% higher at 98.97. The index evaluates the strength or weakness of the US dollar in comparison to major currencies.
The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The Indian rupee ended Thursday’s session on a stronger note, closing at 94.59 against the US dollar on September 3. The domestic currency gained 14 paise from the previous trading session.
Top sectors in Thursday’s trade
The Indian market’s last trading session saw a sharp rotation towards select pockets, with Aquaculture emerging as the biggest gainer, surging 6.48%. Sugar stocks also stood out, rising 2.66%, while Rubber gained 2.6%. Paper stocks added 2.08%.
Group-wise stocks – Gainers and losers
The last trading session saw a divergence across business groups, with Jindal BC Group leading the pack, jumping 8.53%. Yash Birla Group followed with a 4.28% gain, while Manipal Group rose 4.26%. On the weaker side, Modis Group slipped 1.84% and Jaipuria Group fell 1.69%, while Jaypee Group dropped 1.58%.