Sensex Nifty Live Updates August 8: Markets Tumble Nearly 1% Amid Broad-Based Selling

Indian markets ended sharply lower on Friday, weighed down by broad-based selling in telecom, banking, and financial stocks. The Nifty 50 declined 0.95% to 24,363.30, while the Sensex dropped 0.95% to 79,857.79. Heavy losses in Bharti Airtel, Adani Enterprises, and IndusInd Bank dragged the indices, although gains in NTPC and Titan offered limited support. Asian market cues were mixed, with Japan’s Nikkei surging 1.85%, while the Hang Seng fell 0.89% and Shanghai Composite slipped 0.09%. European indices traded largely flat in mid-session, and on Wall Street, the Dow was down 0.50%, while the Nasdaq managed a modest 0.37% gain.

Stock Market Highlights, August 8

• Indian Benchmarks Slide: Nifty 50 and Sensex both declined by 0.95%, dragged down by banking and telecom stocks. Bharti Airtel, Adani Enterprises, and IndusInd Bank were among the top losers.
• NTPC, Titan Lead Gainers: Despite the broader market weakness, NTPC (+1.52%) and Titan (+1.30%) ended in the green, offering some support to the indices.
• Global Markets Mixed: While Japan’s Nikkei surged 1.85%, U.S. markets saw mixed action with the Nasdaq inching up 0.37% and Dow slipping 0.50%. European indices traded mostly flat to mildly positive.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

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Indian Market Cues

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European Market Mid-Session Update

U.S. Markets Live Today

*As of 15:45 IST

Stocks to Watch Today

Here are the top stocks to watch today following their latest earnings and key business updates.

Earnings on Radar

A host of companies are set to release their Q1FY26 results today. Afcons Infrastructure, Bombay Dyeing & Manufacturing Company, DOMS Industries, Equitas Small Finance Bank, Grasim Industries, Info Edge (India), Lemon Tree Hotels, Manappuram Finance, PG Electroplast, Siemens, State Bank of India, Tata Motors, TVS Supply Chain Solutions, Voltas, etc. will announce their quarterly earnings on August 8.

Titan Company

Titan reported a strong 52.6% year-on-year jump in net profit, reaching ₹1,091 crore in Q1 FY26 compared to ₹715 crore in the same period last year. Its revenue also rose sharply by 24.6% to ₹16,523 crore from ₹13,266 crore.

Kalyan Jewellers

Kalyan Jewellers saw its Q1 FY26 profit surge by 48.7% year-on-year to ₹264.1 crore, up from ₹177.6 crore. The company’s revenue grew 31.5% to ₹7,268.5 crore from ₹5,527.8 crore a year ago.

Life Insurance Corporation of India (LIC)

LIC posted a modest 3.9% rise in quarterly profit, which stood at ₹10,957 crore for Q1 FY26, up from ₹10,544.3 crore in the previous year. Its net premium income grew by 4.7% to ₹1,19,618.4 crore from ₹1,14,230.2 crore.

BSE Ltd

BSE’s net profit more than doubled, increasing 103.5% year-on-year to ₹539.4 crore in Q1 FY26, compared to ₹265 crore a year earlier. Total revenue climbed 59.2% to ₹958.4 crore from ₹601.9 crore.

Apollo Tyres

Apollo Tyres reported a steep 95.7% drop in profit for the first quarter, falling to ₹12.9 crore from ₹302 crore last year. Revenue, however, rose 3.6% to ₹6,560.8 crore, while the company reported an exceptional loss of ₹370.2 crore versus ₹40.4 crore in the year-ago period.

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.