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Indian equity indices settled with modest gains on Monday after giving up most of the early gains due to profit-booking in IT and FMCG shares and continued selling by foreign investors.
At close, the Sensex was up 76.54 points or 0.09 percent at 80,787.30, and the Nifty was up 32.15 points or 0.13 percent at 24,773.15.
Tata Motors, JSW Steel, Eicher Motors, M&M, and Bajaj Auto are among the major gainers on the Nifty, while losers are Trent, SBI Life Insurance, Asian Paints, IndusInd Bank, and Tech Mahindra.
On the sectoral front, the Auto index rose 3 percent, oil & gas, PSU Bank, and metal up 0.5 percent each, while the IT index shed 0.5 percent.
Among the broader market indices, the BSE Midcap and smallcap indices are up 0.5 percent each.
STOCKS TODAY
One Mobikwik Systems
The shares of One Mobikwik Systems rallied over 10 percent on September 8, extending gains for the second consecutive session. The stock has now jumped more than 52 percent in September so far. This is after Abu Dhabi Investment Authority (ADIA) exited its stake in the payments solutions provider via block deals.
Vedanta
The shares of Vedanta dropped 2.49 percent after the company reportedly outbid the Adani Group with a Rs 17,000-crore offer for the assets of the bankrupt Jaiprakash Associates, which currently faces claims worth Rs 59,000 crore from various creditors.
Tata Motors
The shares went up over 4 percent after some automakers announced strong price cuts after the GST Council decided to reduce taxes on several vehicles. The sharp rise in the share prices pushed the Nifty Auto index up more than 3 percent.
Spicejet
The shares of SpiceJet dropped 2.9 percent on September 8 after the airline reported a consolidated net loss of Rs 233.85 crore for the first quarter of the financial year 2026, as against a net profit of Rs 158.3 crore in the same period last year.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank shares went up 3.76 percent after an exchange filing by the SFB said the company has shared a strategic roadmap to target a Rs 1 lakh crore loan book by FY30.
Source – Money Control