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Sensex settles 1,677 pts lower; Nifty ends below 23,900 level; VIX zooms 24.85%
The Nifty settled below the 23,900 level. All the sectoral indices ended in the red on the NSE, with PSU bank, private bank and FMCG stocks declining the most.
Nifty trades below 23,900 level; PSU bank shares decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 1,699.55 points or 2.17% to 76,481.17. The Nifty 50 index lost 499.70 points or 2.05% to 23,893.50.
Punjab National Bank slips for fifth straight session
Punjab National Bank is quoting at Rs 102.9, down 0.86% on the day as on 13:19 IST on the NSE. The stock tumbled 7.3% in last one year as compared to a 4.91% slide in NIFTY and a 1.14% spurt in the Nifty Bank index.

Stock Market Mid-Day Report, July 8, 2026: Sensex, Nifty Decline Further at Midday; Iran-US Hostilities Rattle Investors - HDFC Sky
Stock Market Mid-Day Report, July 8, 2026: Sensex, Nifty Decline Further at Midday; Iran-US Hostilities Rattle InvestorsHDFC Sky

Can Nifty 50 touch 25,000 this month? Analysts see bank, auto, IT stocks driving the next leg up - livemint.com
Can Nifty 50 touch 25,000 this month? Analysts see bank, auto, IT stocks driving the next leg uplivemint.com

Top Banks Drag Bank Nifty: SBI, PNB, Bank Of Baroda, Canara Bank Fall; ICICI Bank Bucks The Trend
Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.
HDFC Bank Share Price Live Updates: HDFC Bank shows solid returns in the last quarter

Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses to 200 points; Brent rises to $75
Sensex Today | Stock Market LIVE Updates: The Nifty enters mid-week trade having snapped a four-day winning streak, as expiry-related factors led to the markets ending lower on Tuesday. The underperformance of the Nifty Bank has weighed on the index.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.

Nifty Outlook for July 8: 24,500 remains supply zone ahead of results season
After encountering resistance near the 24,500 level, the Nifty could witness further consolidation or a mild pullback over the next one to two sessions before attempting another rebound, believes Nagaraj Shetti of HDFC Securities.

Share Market Today: Nifty 50, Bank Nifty | July 07, 2026 - Liquide Blog
Share Market Today: Nifty 50, Bank Nifty | July 07, 2026Liquide Blog