Sensex Nifty Updates June 8: Nifty Drops Over 1%, Sensex Loses Nearly 1%; Wipro, Jio Financial Among Top Drags
Last Updated: 8th June 2026 - 04:46 pm
Indian markets witnessed a sharp decline, with the Sensex falling 0.97% and the Nifty losing 1.04%, dragged lower by steep losses in Wipro, Jio Financial, and Shriram Finance. Investor sentiment remained weak amid a surge in volatility, with India VIX rising nearly 8%. Global cues were also negative as Asian markets tumbled, European indices traded mostly lower, and Wall Street recorded heavy losses in the previous session, led by a technology-driven sell-off.
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Stock Market Highlights, June 8
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Domestic Indices End Lower: Indian benchmarks closed sharply lower, with the Sensex falling 0.97% to 73,524.26 and the Nifty 50 declining 1.04% to 23,123.00. Wipro slumped 8.37% to lead the losers, while Max Healthcare emerged as the top gainer amid broad-based selling pressure.
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Global Cues Remain Weak: Asian markets ended deep in the red, led by a 3.85% plunge in Japan’s Nikkei, while Hang Seng and Shanghai Composite also posted notable losses. European markets traded mostly lower mid-session, with only the FTSE 100 managing to stay marginally positive.
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Wall Street Recap: In the previous session, U.S. markets witnessed heavy selling, with the NASDAQ tumbling 4.18%, the S&P 500 dropping 2.64%, and the Dow Jones declining 1.35%. Technology stocks bore the brunt of the sell-off, triggering risk-off sentiment across global equity markets.
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Top Gainers
| Company | Gain |
| Max Healthcare | 3.09% |
| Power Grid Corp | 1.63% |
| Tech Mahindra | 1.34% |
| Bharat Elec | 1.16% |
| Nestle | 0.92% |
Top Losers
| Company | Loss |
| Wipro | -8.37% |
| Jio Financial | -3.39% |
| Eternal | -3.20% |
| Shriram Finance | -2.89% |
| Hindalco | -2.76% |
Indian Market Cues
| Index | Value | Change (%) |
|---|---|---|
| Gift Nifty | 23,149.50 | 0.23% |
| Nifty 50 | 23,123.00 | -1.04% |
| Nifty Bank | 54,063.75 | -0.79% |
| SENSEX | 73,524.26 | -0.97% |
India VIX
| Volatility Index | Value | Change (%) |
| India VIX | 17.0275 | 7.84% |
Asian Markets
| Index | Value | Change (%) |
| Nikkei | 64,025 | -3.85% |
| Hang Seng | 24,657 | -1.22% |
| Shanghai Composite | 4,556 | -1.69% |
European Market Mid-Session Update
| Index | Value | Change (%) |
| FTSE 100 | 10,368 | 0.07% |
| DAX | 24,759 | -0.75% |
| CAC 40 | 8,218 | -0.32% |
| STOXX 50 | 6,062 | -0.68% |
U.S. Markets Live Today
| Index | Value | Change (%) |
|---|---|---|
| Dow Jones | 50,866.78 | -1.35% |
| NASDAQ | 25,709.43 | -4.18% |
| S&P 500 | 7,384.74 | -2.64% |
*As of 15:45 IST
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.
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