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Sensex Today Ends 121 Points Lower | Nifty Below 23,400 | Cochin Shipyard Down 9%
Fri, 11 Sep Closing

Sensex Today Ends 121 Points Lower | Nifty Below 23,400 | Cochin Shipyard Down 9%Image source: DNY59/www.istockphoto.com

Although the benchmark indices opened lower, they traded positive throughout the session and ultimately closed green.

Indian equity benchmarks indices, Sensex and Nifty50 ended off their day's low as IT, FMCG, and bank shares supported amid a decline in global equities.

Please note markets will remain closed on Monday, 14 September 2026, on account of Ganesh Chaturthi.

At the closing bell, the BSE Sensex  closed 121 points lower (down 0.1%)

Meanwhile, the NSE Nifty closed 79 points lower (down 0.3%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

HDFC Bank, Tech Mahindra, HCL Tech are the top gainers today.

Tata Steel, Sun Pharma, Bajaj Finance on the other hand, were among the top losers today.

The GIFT Nifty was trading at 23,452 with 7 points lower at the time of writing.

The BSE 150 Midcap index is trading 0.3% lower and the BSE 250 SmallCap index is trading 0.4% lower.

Sectoral indices were trading mixed today with stocks in telecommunication sector and financial services sector witnessed buying. Meanwhile, stocks in metal sector and realty sector witnesses selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 95.5 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% lower at Rs 1,52,160 per 10 grams.

Meanwhile, silver prices were trading 0.1% lower at 2,33,651 per 1 kg.

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

Watch the video below to know more.

JSW Infrastructure Completes NCR Rail Acquisition

JSW Infrastructure has completed the acquisition of NCR Rail Infrastructure through its wholly owned subsidiary, Khurja Rail Terminal, effective 10 September 2026.

In July 2025, JSW Infrastructure's resolution plan for NCR Rail was approved by the Committee of Creditors under the Insolvency and Bankruptcy Code, 2016. The company then received a Letter of Intent from the resolution professional.

To complete the acquisition, JSW Infrastructure set up Khurja Rail Terminal as a wholly owned subsidiary in January 2026.

NCR Rail Infrastructure operates a six-line private freight terminal in Khurja, Uttar Pradesh. The terminal is located around 90 km from New Delhi and 40 km from the upcoming Jewar Airport. It also has two operational covered warehouses spread across 0.2 million square feet and owns around 130 acres of land.

JSW Infrastructure

Shankesh Jewellers Q1 Results

Shares of Shankesh Jewellers came into focus after the company reported its Q1 FY27 results.

The company reported a 100.14% YoY increase in consolidated net profit to Rs 0.43 billion in Q1 FY27, compared with Rs 0.22 billion in Q1 FY26.

Revenue from operations rose 55.06% YoY to Rs 4.24 billion in Q1 FY27. Profit before tax (PBT) increased 100.94% YoY to Rs 0.58 billion.

EBITDA stood at Rs 0.32 billion, up 92% YoY, while the EBITDA margin improved to 14.4% from 11.6% in the year-ago quarter, marking an improvement of 279 basis points.

Corporate clients accounted for 66% of revenue, or Rs 2.80 billion, while non-corporate clients contributed the remaining 34%, or Rs 1.44 billion. Revenue from 22-karat gold jewellery stood at Rs 3.37 billion, while 18-karat gold jewellery contributed Rs 0.85 billion. The company also generated Rs 0.03 billion from job work during the quarter.

Shankesh Jewellers manufactures handcrafted gold jewellery and provides customisation services. Its product portfolio includes 22-karat and 18-karat jewellery across bridal, antique, temple and customised designs, serving both corporate and non-corporate customers across India.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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