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Kundan Motwani

7th Sep · SEBI Registration INH000019354

Indian Share Market Update — 7 September 2026

Market mood: ⚠️ Cautious / Bearish Nifty 50: around 23,800–23,850 Sensex: around 76,300 Nifty is trading below the important 24,000 zone; analysts see 23,800 as an important near-term support. A sustained break below it could open room toward 23,500–23,600. The Economic Times +1 IT stocks are under pressure, with stronger-than-expected US jobs data increasing expectations of a US rate hike. Reuters Crude oil is elevated near $97/barrel, with Middle-East tensions creating additional pressure on Indian equities and the rupee. Reuters FIIs sold about ₹3,112 crore on Friday, while DIIs bought around ₹8,930 crore, showing strong domestic support but continued foreign selling. The Financial Express ⭐ One Stock in Focus: HDFC Bank

HDFCBANK
Current zone: ~₹709–710 Friday close: ₹712.10 52-week low: ₹698.50 52-week high: ₹1,020.50 INDmoney +1 Why HDFC Bank? It is holding close to its 52-week low, making the ₹698–700 zone an important support area. Technical data shows immediate support around ₹708, with resistance around ₹716–720.

#Pre-OpeningCommentary#TechnicalViews#FundamentalViews#StockInNews
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