Stock Market Open Report Today, September 3, 2026: Sensex, Nifty Rise After Three Sessions of Losses, Tracking Global Shares

Mumbai, Sept 3: Indian equity benchmarks opened higher on Thursday, after a three session losing streak, tracking a rise across Asian shares and partial rebound in US markets. The Sensex and Nifty partially reversed Wednesday’s losses, buoyed by a pause in the global bond
selloff and steadier oil prices. The partial rebound offered some relief after auto and IT stocks had dragged the market lower in the previous session.

The Sensex was trading at 76,780.81, up 210.46 points or 0.27%, as of 9:23 am, while the Nifty stood at 23,959.15, up 44.70 points or 0.19%, at 9:25 am. Both benchmarks clawed back a portion of Wednesday’s losses, when the Nifty had closed below the 23,950 mark amid heavy selling in auto and IT counters. The recovery came even as the broader geopolitical backdrop remained fragile following fresh Iran-US hostilities overnight. Both benchmark gauges opened firmly in the green, mirroring overnight gains on Wall Street and a rise across Asian bourses. Traders welcomed signs that the relentless bond-market selloff of recent sessions was finally taking a breather.

Oil prices held largely steady. That relative calm in crude gave Indian markets additional breathing room, given the country’s heavy reliance on energy imports. Top aides to President Trump were said to be working to contain the conflict, at least until after the November midterms.
Officials are reportedly prepared to consider ramping up military action only after the November 3 vote.

Gainers & Losers 

Among individual stocks, Axis Bank (AXISBANK) led the gainers, rising 1.09% to an LTP of ₹1,267.60 from a previous close of ₹1,253.90. Adani Ports and Special Economic Zone (ADANIPORTS) advanced 1.05% to ₹1,690.30 against ₹1,672.70, while ICICI Bank (ICICIBANK) gained 0.88% to ₹1,439 from ₹1,426.50. State Bank of India (SBIN) rose 0.86% to ₹1,029.70 versus ₹1,020.90, and HDFC Life Insurance (HDFCLIFE) added 0.78% to ₹537.15 from ₹533. 

On the losing side, Tech Mahindra (TECHM) fell 0.94% to ₹1,607.80 from ₹1,623, Nestle India (NESTLEIND) declined 0.70% to ₹1,415 from ₹1,425, and Tata Consultancy Services (TCS) slipped 0.66% to ₹2,332.50 from ₹2,348. Infosys (INFY) eased 0.61% to ₹1,133.10 from ₹1,140, while HCLTech (HCLTECH) dropped 0.60% to ₹1,323.50 from ₹1,331.50. 

Broad Markets & Sectoral Indices 

Broader market indices advanced across the board, with small-cap segments leading the charge. The Nifty Smallcap 50 rose 0.75%, the Nifty Smallcap 100 climbed 0.69%, and the Nifty 500 gained 0.32%, reflecting broad-based buying beyond just large-cap names. Sectoral indices were more mixed, with banking and media counters outperforming even as technology and consumer staples lagged. Nifty PSU Bank and Nifty Private Bank both rose 0.78%, and Nifty Media added 0.75%, even as Nifty IT fell 0.74%, Nifty FMCG declined 0.32%, and Nifty Pharma slipped 0.21%. 

Asian Stocks 

Asian equities rose sharply on Thursday morning as investors cheered the pause in the global bond selloff, with Japan’s 10-year yields easing four basis points after touching a three-decade high a day earlier. Comments from New York Fed President John Williams, who indicated no clear-cut case for an imminent rate hike, helped calm nerves across regional markets. Hong Kong’s Hang Seng, Australia’s All Ordinaries and Malaysia’s KLCI all posted solid gains, even as Thailand and Pakistan bucked the trend with declines. 

US Markets 

On Wall Street, all major benchmarks closed higher on Wednesday as bond yields took a breather following a week of relentless selling. Nvidia’s entry into the Dow Jones and its over 3% rally, spurred by strong Dell results and reports of a potential Hugging Face acquisition, lifted the index further. Crude oil’s failure to surge toward $100 a barrel despite Iran’s retaliation threats also eased inflation concerns and supported the broader market recovery. 

Oil Prices  

Oil prices stayed largely range-bound on Thursday, with Brent crude easing slightly to $95.60 a barrel after briefly topping $96 the previous day. WTI crude held steady near $91.17, up a marginal 0.18%, while the Opec Basket climbed 3.63% to $95.32. The relative stability in crude, despite the ongoing Iran-US conflict, offered some relief to markets bracing for a sharper supply-driven spike. 

Indian Markets on Wednesday 

Indian benchmark indices had closed lower on Wednesday, with the Sensex falling 373.93 points, or 0.49%, to 76,570.35, and the Nifty declining 141.35 points, or 0.59%, to 23,914.45. Market breadth remained weak, with 2,323 stocks declining against 1,827 advances. Auto and IT stocks led the selloff, while Energy and Oil & Gas were the only sectoral indices to end in positive territory amid elevated crude prices. Coal India, Adani Ports and Tata Motors Passenger Vehicles were among the session’s notable gainers even as the broader market struggled. 

Sources

•  BSE
• NSE
• https://www.reuters.com/world/middle-east/iran-war-escalation-raises-concern-over-civilian-death-toll-2026-09-03/
• https://www.reuters.com/markets/stocks/asia-pacific/
• https://www.oilprice.com