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EQUITY
Post Session: Quick Review
Aug-11-2026

Indian equity markets ended near the day’s lows on Tuesday, weighed down by a rise in crude oil prices to around $90 per barrel mark amid renewed geopolitical tensions and fading hopes of a near-term US-Iran agreement. Meanwhile, Iran has warned it will not reopen the Strait of Hormuz unless the U.S. meets a series of preconditions, including compensation, lifting of sanctions, and an end to military threats. Investors also remained cautious ahead of key US inflation data due later this week, which could offer fresh clues on the Federal Reserve’s interest-rate trajectory.

Both the Nifty and Sensex closed around half a percent lower amid broad-based selling pressure across sectors. Banking and financial heavyweights emerged as key drags on the benchmarks. However, losses were capped as gains in IT heavyweights, along with renewed foreign portfolio inflows, provided some support to the markets.

Some of the important factors in trade:

India’s job market remains largely stable in Q1FY27: Traders remained cautious as the Ministry of Statistics & Programme Implementation (MoSPI) stated that the pace of joblessness as well as the ratio of workers' population in India stayed almost flat year-on-year during the April-June quarter of this fiscal, reflecting no sign of expansion or contraction in the country's job market.

India, South Africa-led SACU group may ink terms of reference for negotiating trade pact: Traders paid no heed to the reports that India and South Africa-led SACU group are likely to sign terms of references (ToRs) on August 12 for starting negotiations for a preferential trade agreement (PTA). 

DGFT simplifies procedure for obtaining export obligation discharge certificates: Traders overlooked report that the Directorate General of Foreign Trade (DGFT) has eased compliance requirements for exporters by doing away with the submission of physical duty payment challans for obtaining Export Obligation Discharge Certificates (EODC) under the Advance Authorisation (AA) and Export Promotion Capital Goods (EPCG) Schemes.

On the global front: European markets were trading in red, as geopolitical uncertainty over the Strait of Hormuz and rising crude prices weighed on investor sentiment. Asian markets ended mixed as investors awaited key U.S. inflation readings due later this week for direction.

The BSE Sensex ended at 78154.25, down by 388.19 points or 0.49% after trading in a range of 78048.26 and 78509.77. There were 6 stocks advancing against 24 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were IT up by 0.37%, Healthcare up by 0.34%, Energy up by 0.10%, Consumer discretionary up by 0.07%, and Oil & Gas up by 0.05%, while Realty down by 1.03%, FMCG down by 0.87%, Basic Materials down by 0.80%, Utilities down by 0.69%, Power down by 0.54% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Eternal up by 1.93%, Infosys up by 0.37%, Titan Company up by 0.35%, HCL Technologies up by 0.29% and TCS up by 0.23%. On the flip side, Ultratech Cement down by 2.79%, Axis Bank down by 1.48%, Interglobe Aviation down by 1.45%, Bharti Airtel down by 1.40% and Mahindra & Mahindra down by 1.30% were the top losers. (Provisional)

Meanwhile, Minister of State for Finance Pankaj Chaudhary has said that banks have written off loans of Rs 9,95,000 crore given to large corporates and services in the last 12 financial years. Chaudhary stated that write-offs touched a high of Rs 1,48,753 crore in 2018-19 (FY19), which declined to Rs 20,485 crore in 2025-26 (FY26).

Citing RBI data, he said outstanding loans to large industries and services increased from Rs 63,19,057 crore in FY25 to Rs 69,21,734 crore in FY26. He said debt write-off is an accounting procedure and does not provide any relief to the debtor, whether a farmer or a corporate entity. Further, he said, as per the RBI - Resolution of Stressed Assets Directions 2025, issued for commercial banks, write-off (a major portion of which is due to technical/prudential/ advances under collection) is an accounting procedure undertaken by a bank to adjust its balance sheets.  

Moreover, he added such write-off does not result in waiver of liabilities of borrowers, and therefore, it does not benefit the borrower. Besides, he mentioned the borrowers continue to be liable for repayment, and banks continue to pursue recovery actions initiated in these accounts.   

The CNX Nifty ended at 24471.70, down by 112.10 points or 0.46% after trading in a range of 24429.25 and 24576.85. There were 13 stocks advancing against 37 stocks declining on the index. (Provisional)

The top gainers on Nifty were Dr. Reddy’s Laboratories up by 3.99%, Eternal up by 2.50%, TCS up by 0.82%, Titan Company up by 0.75% and Infosys up by 0.65%. On the flip side, Tata Consumer Products down by 2.77%, Max Healthcare Institute down by 2.71%, Nestle India down by 2.32%, Ultratech Cement down by 2.14% and Apollo Hospital down by 1.81% were the top losers. (Provisional)

European markets were trading lower; France’s CAC fell 18.23 points or 0.21% to 8,707.80, Germany’s DAX lost 38.68 points or 0.15% to 26,285.20 and UK’s FTSE 100 decreased 14.04 points or 0.13% to 10,848.46. Asian markets ended mostly lower on Tuesday tracking Wall Street’s overnight fall amid uncertainty over the Iran deal to reopen the Strait of Hormuz and surging Brent oil prices, while investors braced for key US inflation readings due this week for direction. US President Donald Trump dismissed Iran's demand that the US pay for devastation caused by five months of war as one condition for reopening the strait. Chinese markets declined even while Shanghai IPO newcomer Guoyi jumped 419% on its debut. South Korea’s Kospi rose, driven by strong buying among chip stocks such as Samsung Electronics gaining 4.13%. Meanwhile, Japanese market was closed for Mountain Day. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,934.09

-32.50

-0.82

Hang Seng

25,652.82

-284.67

-1.10

Jakarta Composite

6,267.88

-97.49

-1.56

KLSE Composite

1,731.46

-3.91

-0.23

Nikkei 225

--

--

--

Straits Times

5,754.17

55.74

0.98

KOSPI Composite

6,345.53

45.87

0.73

Taiwan Weighted

45,120.72

191.96

0.43
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