Domestic equity markets closed lower on Monday, September 7, 2026, as selling pressure remained broad, with IT stocks facing the steepest declines. The Sensex and Nifty 50 ended 0.50% lower amid selling in major IT stocks and pressure across the broader market. Infosys, Tech Mahindra, TCS and HCL Technologies were among the major IT stocks that declined during the session.
The BSE Sensex fell 382.62 points, or 0.50%, to close at 76,132.81. The NSE Nifty 50 index declined 118.55 points, or 0.50%, to 23,779.15. Selling pressure was broad-based during the session. Of the 30 Sensex constituents, 7 closed higher and 23 declined. Among the 50 Nifty 50 constituents, 13 advanced while 37 ended in the red.
IT stocks remained among the key areas of pressure during Monday’s trading session. Among the major IT companies included in the Sensex, Infosys recorded the steepest decline, falling 3.81%. Tech Mahindra declined 1.96%, TCS fell 1.28%, and HCL Technologies declined 0.93%.
Broad-based selling in IT stocks contributed to the decline in the benchmark indices. Global technology-sector cues, trading sentiment and investors’ risk appetite were among the factors affecting IT company stocks.
Despite the broader market decline, shares of seven Sensex companies advanced. Larsen & Toubro (L&T) was the best-performing Sensex stock, rising 0.61%. Bharti Airtel gained 0.60%, Maruti Suzuki rose 0.47%, Power Grid advanced 0.36%, ICICI Bank gained 0.35%, IndiGo rose 0.10%, and Sun Pharma increased 0.04%.
Several large-cap stocks declined on Monday. Tata Steel fell 1.85%, Bajaj Finserv declined 1.57%, and UltraTech Cement ended 1.41% lower. Trent fell 1.16%, Asian Paints declined 1.13%, State Bank of India (SBI) fell 1.09%, and Adani Ports declined 1.05%.
Reliance Industries fell 0.95%, Eternal declined 0.82%, Kotak Mahindra Bank fell 0.60%, and Axis Bank declined 0.45%. Titan fell 0.42%, Hindustan Unilever declined 0.41%, HDFC Bank fell 0.33%, and NTPC declined 0.18%. Bharat Electronics Limited (BEL) fell 0.17%, Mahindra & Mahindra declined 0.16%, and ITC fell 0.13%. Bajaj Finance recorded a marginal decline of 0.03%.
