Market Desk

Data status: Indian index levels are from the verified morning edition. Each section shows its source and timestamp.
GIFT NIFTY 23,486.00 +0.29%USD/INR 95.1483 —BRENT 101.21 +3.40%INDIA VIX 11.92 +6.12%
MORNING MARKET DESKData for Thursday, 10 September 2026

Published at 8:00 AM IST Information available before market open

BEFORE THE MARKET OPENS

Here’s what matters today.

A simple view of the market before you trade.

INDEX MAP

Where the market may stop or turn

PREVIOUS CLOSE23,431.50−0.86%9 Sep 2026 close · Key analytical level: 23,478.18 · Source ↗
HIGHER TARGET23,618.23Strong selling may appear here
FIRST HURDLE23,524.87Market may find it hard to move above this
MARKET IS HERE23,478.1823,524.87
FIRST SUPPORT23,384.82Buying may appear here
LOWER SUPPORT23,338.13Strong buying may appear here
PREVIOUS-SESSION OPTIONS & OPEN INTEREST

Positions carried into today

EOD DATA
MAX PAIN23,600The selected expiry may gravitate near this level—not a guarantee
PUT–CALL RATIO0.59Total put OI divided by total call OI

Highest call OI · possible resistance24,000

Highest put OI · possible support23,000

Expiry analysed: 15 Sep 2026. Call OI change: +911,929 contracts; put OI change: +439,729 contracts. Figures compare matching contracts with the preceding uploaded session.

WHAT HAPPENED OUTSIDE INDIA

Will global markets help or hurt?

Negative
Negative global cues

Global conditions show more headwinds than support; risk control matters at the open.

Manually verified edition · 2026-09-10
A SIMPLE PLAN FOR TODAY

Let the market show you the direction

If it stays above 23,524.87It may rise toward 23,618.23

If it stays below 23,384.82It may fall toward 23,338.13

Wait for 15 minutes with strong volume. Decide your maximum loss before entering.
VERIFIED GLOBAL CUES

Overnight and early-Asian market signals

Edition: 2026-09-10

GIFT Nifty+0.29%
23,486.00Current · 10 Sep 2026, 7:39 AM ISTSource ↗
S&P 500-0.48%
7,636.36Previous close · 9 Sep 2026 closeSource ↗
Dow Jones-0.77%
52,380.66Previous close · 9 Sep 2026 closeSource ↗
Nasdaq Composite-0.64%
26,253.34Previous close · 9 Sep 2026 closeSource ↗
Nikkei 225-0.19%
65,142.80Current · 10 Sep 2026, 5:40 AM ISTSource ↗
Hang Seng-0.17%
25,275.00Current · 10 Sep 2026, 5:40 AM ISTSource ↗
Shanghai Composite+0.28%
3,951.51Current · 10 Sep 2026, 5:40 AM ISTSource ↗
US 10-year yield-0.42%
4.845%Delayed · 9 Sep 2026 US sessionSource ↗
Dollar Index-0.11%
98.678Previous close · 9 Sep 2026 closeSource ↗
Brent crude+3.40%
101.21Previous close · 9 Sep 2026 settlementSource ↗
WTI crude+3.25%
96.05Delayed · 9 Sep 2026 settlementSource ↗
Gold+0.51%
154,122Delayed · 9 Sep 2026 NSE settlementSource ↗
Silver+2.04%
244,300Delayed · 9 Sep 2026, 11:29 PM ISTSource ↗

Interpretation: Global conditions show more headwinds than support; risk control matters at the open. Values were entered manually from the linked sources and should be checked again if markets move materially before the Indian open.

MAJOR CURRENCIES

Indicative exchange rates against the Indian rupee

One unit of foreign currency in INR

USD/INR
₹95.1483Current · 10 Sep 2026, 4:28 AM IST indicativeSource ↗
GBP/INR
₹129.0195Current · 10 Sep 2026, 4:28 AM IST indicativeSource ↗
CAD/INR
₹68.8520Current · 10 Sep 2026 morning indicativeSource ↗
EUR/INR
₹110.7770Current · 10 Sep 2026, 4:28 AM IST indicativeSource ↗
JPY/INR
₹0.621700Delayed · 10 Sep 2026, 4:28 AM IST indicativeSource ↗
SGD/INR
₹75.2451Current · 10 Sep 2026 morning indicativeSource ↗
AED/INR
₹25.8254Current · 10 Sep 2026 morning indicativeSource ↗
AUD/INR
₹68.5221Current · 10 Sep 2026 morning indicativeSource ↗

Currency rates are informational reference values, not banknote, card or remittance quotes. JPY/INR is shown per ¥1.

INSTITUTIONAL MONEY FLOW

Who bought, who sold—and what remains

Official provisional cash-market activity · 9 September 2026

FOREIGN INVESTORS · FII/FPI

Bought₹16,392.90 cr

Sold₹16,975.89 cr

Net sold ₹582.99 crForeign investors were net sellers.
DOMESTIC INVESTORS · DII

Bought₹18,130.76 cr

Sold₹16,621.72 cr

Net bought ₹1,509.04 crDomestic institutions offset FII selling.
COMBINED INSTITUTIONAL FLOW+₹926.05 crNet institutional buyingDII buying produced a positive consolidated flow despite FII selling.

How it is calculated: Net = total purchases minus total sales. Consolidated flow = FII net plus DII net. Source: NSE provisional FII/FPI & DII activity; cross-checked with a second market-data source.

COMMODITY OUTLOOK

What key commodities are signalling

Latest verified readings for the 10 September edition

GOLD · NSE COMMODITY+0.51%
₹1,54,1229 Sep settlement

Gold remained firm, keeping the defensive-asset bid visible.

SILVER · MCX+2.04%
₹2,44,3009 Sep · 11:29 PM IST

Silver’s stronger rise adds both precious-metal and industrial sensitivity.

CRUDE OIL · NSE COMMODITY+4.21%
₹9,0999 Sep settlement

Sharp crude strength is a headwind for India’s import bill and oil-sensitive sectors.

BRENT CRUDE+3.40%
$101.219 Sep settlement

International oil strength keeps inflation and rupee sensitivity in focus.

COPPER · NSE COMMODITY+0.62%
₹1,418.759 Sep settlement · no reported volume/OI

The settlement rose, but the zero-volume reading limits its signalling value.

ZINC · NSE COMMODITY+0.67%
₹438.509 Sep settlement · no reported volume/OI

The settlement rose, but low liquidity requires caution in interpretation.

Sources: Official NSE commodity reports for gold, crude, copper and zinc; silver from Moneycontrol’s timestamped MCX contract page; Brent from cross-checked international settlement reporting. Contract, unit and timestamp are shown because these instruments are not directly comparable.

IPO CALENDAR

Issues open for subscription today

Checked 10 September 2026

CompanyMarketIssue windowPrice bandStatusReference
Veegaland DevelopersMainboard₹130–₹140NSE issues page ↗
Kanohar ElectricalsMainboard₹601–₹632NSE issues page ↗
Prasol ChemicalsMainboard₹643–₹676NSE issues page ↗
Glass Wall SystemsMainboard₹172–₹182BSE issues page ↗
RentomojoMainboard₹384–₹404NSE issues page ↗
Manipal Payment & Identity SolutionsMainboard₹322–₹339BSE issues page ↗
Karamtara EngineeringMainboard₹241–₹254NSE issues page ↗
ARCILMainboard₹132–₹139BSE issues page ↗

Read before acting: Dates and terms come from exchange issue pages and cross-checked offer calendars and may be amended. Review the RHP and latest exchange notice; this calendar is not an application recommendation.

TODAY’S EVENT & EXPIRY RISK

Verified events that can alter trading conditions

Thursday, 10 September 2026

SENSEX weekly options expire today on BSE

The 10 September weekly series expires today. Expiry positioning may increase SENSEX volatility, especially near major open-interest strikes and into the close.

Expiry watch
Indian continuous market opens

Use early price, breadth and volume to confirm whether calculated levels are holding.

Medium
US producer prices and jobless claims

US PPI, core PPI and weekly jobless claims can affect global yields, the dollar and risk appetite after the Indian close.

Macro risk
ECB policy decision

The ECB rate decision and subsequent press conference can move the euro, dollar index and global risk sentiment.

Policy risk
DERIVATIVE EXPIRY CALENDAROnly current and future expiries · 10 September edition
SENSEX weekly optionsBSEIndex · today
NIFTY 50 weekly optionsNSEIndex
SENSEX weekly optionsBSEIndex
SENSEX, BANKEX, SENSEX50 and eligible single-stock derivativesBSEMonthly index & stocks
NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY, NIFTYNXT50 and eligible stocksNSEMonthly index & stocks

Sources: Current NSE/BSE contract calendars and the official 9 September derivatives reports. Expiries earlier than the Market Desk edition date are excluded.

MARKET REGIME

What kind of trading day may develop?

Negative with expiry risk

Domestic closeNifty −0.86%9 September close finished below the 23,478.18 pivot

Opening cueGIFT Nifty +0.29%23,486 at 7:39 AM IST

VolatilityIndia VIX 11.92Up 6.12%; volatility rose from a low base

OptionsNifty PCR 0.59Call-heavy positioning for the 15 September series

Evidence-based read

Weak breadth, a close below the pivot, rising VIX and a low PCR keep the setup defensive despite a positive GIFT cue. Tone improves only if Nifty sustains above 23,524.87 with broader participation.

BREADTH & SECTORS

What participated on 9 September?

Decliners dominated
0.56×All-NSE advance/decline ratio

938 advancing · 1,671 declining · 35 unchanged

RELATIVE LEADERS

Metal+1.79%

Chemicals−0.23%

Auto−0.44%

RELATIVE LAGGARDS

IT−3.24%

Realty−2.23%

FMCG−0.96%

Source and scope: Official NSE pd09092026.csv; all listed NSE equity-series breadth and NSE sector-index closing returns for 9 September.

STOCKS TO WATCH TODAY

Companies with verified overnight disclosures

WIPROCybersecurity command centre with CrowdStrikeBusiness announcement · no price target

The companies announced a joint command-centre initiative, creating stock-specific news flow.

SHAKTIPUMP₹235.92 crore MSEDCL orderOrder announcement

The company disclosed an order covering 10,000 solar pumps.

DBL₹1,800 crore LPG pipeline LOIProject award

Dilip Buildcon received a PNGRB-related letter of intent for an LPG pipeline project.

COALINDIANorthern Coalfields production reboundsOperational update

Production and supply improved sharply versus the rain-affected 1–3 September average.

IRBAugust toll revenue risesMonthly operational update

Reported August toll revenue of ₹807.4 crore, up about 25% year on year.

Verification: Overnight exchange/company disclosures were cross-checked against 10 September market briefings. These are event-watch names, not recommendations or price targets.

TECHNICAL SIGNALS

Fresh price-extreme and moving-average observations

Based on 9 September close · checked 10 September 2026

Fresh 52-week highsStrength watch—not automatic buys
88 NSE securities
NOVARTISNew high and close ₹2,186.40

Closed 20.00% higher at the fresh 52-week high.

CHENNAIPETRONew high ₹1,619 · close ₹1,604.40

Closed 10.06% higher and remained close to the session high.

MOLBIONew high ₹1,293.50 · close ₹1,257.90

Closed 12.56% higher after setting a fresh 52-week high.

Fresh 52-week lowsRisk watch—not automatic shorts
69 NSE securities
SULANew low ₹138.40 · close ₹139.35

Closed 4.88% lower after reaching a fresh 52-week low.

SURAJESTNew low ₹166.25 · close ₹169.91

Closed 2.31% lower after setting a fresh 52-week low.

HARDWYNNew low ₹7.61 · close ₹8.93

Closed 2.30% lower; the intraday recovery does not remove the fresh-low risk signal.

Fresh golden crossovers50-day DMA moved above 200-day DMA
21 screen results
SAPPHIRE₹227.61 · 50 DMA ₹215.08

200 DMA ₹214.94; previous 50 DMA ₹214.56.

NOCIL₹188.28 · 50 DMA ₹169.09

200 DMA ₹168.76; previous 50 DMA ₹168.31.

VIDHIING₹350.20 · 50 DMA ₹325.16

200 DMA ₹324.59; previous 50 DMA ₹324.13.

RADHIKAJWE₹87.14 · 50 DMA ₹69.68

200 DMA ₹69.25; previous 50 DMA ₹68.97.

DHUNSERINV₹289.20 · 50 DMA ₹266.64

200 DMA ₹266.42; previous 50 DMA ₹265.72.

Five largest companies by displayed market capitalisation from 21 current screen results are shown. A crossover is an observation, not a recommendation.

Sources: Official NSE CM_52_wk_High_low_09092026.csv and pd09092026.csv; golden crossovers checked 10 September on the logged-in Screener.in screen. Screener data is supplied by C-MOTS and is not an exchange calculation.

NEWS THAT MATTERS TODAY

Verified developments for 10 September

INDIANifty enters after a 0.86% decline, with 938 advances against 1,671 declines; require price-and-breadth confirmation at the calculated levels.Risk control

EXPIRYSENSEX weekly options expire on BSE today; 74,000 put OI and 76,000 call OI are the largest displayed positions in the selected series.Volatility

COMPANIESWipro, Shakti Pumps, Dilip Buildcon, Coal India and IRB have verified company-specific developments in focus.Stock specific

GLOBAL MACROECB policy, US producer prices and jobless claims can move yields, the dollar and global risk sentiment after the Indian close.Macro risk

Sources: official NSE/BSE reports and derivatives files through 9 September; company disclosures and cross-checked 10 September market briefings.

DATA SOURCES & FRESHNESS

Know where each figure came from

Verified edition · 10 Sep 2026
InformationSource typeAs ofStatus
Nifty, Bank Nifty & VIXOfficial NSE closing-index reportExchange file
SensexOfficial BSE index and FO recordsExchange data
Levels, options & open interestNSE option/FO files and BSE FO bhavcopy; calculated locallyVerified inputs
Institutional flowNSE provisional FII/FPI & DII activityCross-checked
Global cuesTradingView standard and individually linked sourcesSource-linked
Breadth & 52-week signalsOfficial NSE price and high/low reportsExchange files
IPO, news & eventsNSE/BSE issue pages, company disclosures and cross-checked reportingSource-linked
Golden crossover shortlistScreener.in/C-MOTS third-party screenRule disclosed

Edition checked before publication on 10 September 2026. No illustrative market values are used; each 9 September date identifies the latest completed trading session used.