Sensex Nifty Updates June 8: Nifty Drops Over 1%, Sensex Loses Nearly 1%; Wipro, Jio Financial Among Top Drags

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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.

Stock Market Highlights, June 8

  • 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.

  • 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.

  • 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.

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

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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