The Sensex closed at 76,503.60, down 2.15%, and the Nifty 50 at 23,882.05, down 2.12%, on 8 July 2026. ONGC led the gainers (1.15%) while JIOFIN was the biggest loser (-5.38%) among large-cap stocks.
The Sensex crashed 1,677 points on 8 July after President Trump declared the Iran ceasefire effectively over following fresh US strikes, sending crude oil sharply higher, according to IIFL’s closing report (the only source we found for this session). India VIX jumped nearly 30% to around 15.
Closing numbers
| Index | Close | Change | % change |
|---|---|---|---|
| SENSEX | 76,503.60 | -1,677.12 | -2.15% |
| NIFTY 50 | 23,882.05 | -516.65 | -2.12% |
| Bank NIFTY | 56,742.60 | -1,458.10 | -2.51% |
| BSE 500 | 35,821.44 | -720.91 | -1.97% |
| USD/INR | 95.86 | +0.27 | +0.28% |
Closing levels for 8 July 2026. Data is delayed and may differ slightly from official exchange figures.
What moved the market
Banks bore the brunt, with PSU and private banks leading a broad sell-off. Jio Financial (−5.38%), Shriram Finance (−4.91%), Maruti Suzuki (−4.04%), Hindustan Unilever (−3.30%) and Tata Consumer (−3.13%) fell the most on our large-cap list. ONGC (+1.15%) and Bajaj Auto (+0.54%) were among the few gainers.
Top gainers
| Stock | Price (₹) | % change |
|---|---|---|
| ONGC | 247.00 | +1.15% |
| BAJAJ-AUTO | 10,164.00 | +0.54% |
| HINDALCO | 971.65 | +0.22% |
| COALINDIA | 429.05 | +0.02% |
Top losers
| Stock | Price (₹) | % change |
|---|---|---|
| JIOFIN | 229.99 | -5.38% |
| SHRIRAMFIN | 1,014.40 | -4.91% |
| MARUTI | 13,951.00 | -4.04% |
| HINDUNILVR | 2,135.80 | -3.30% |
| TATACONSUM | 1,089.80 | -3.13% |
Among large-cap NSE stocks tracked by IndiaX24; the list approximates the NIFTY 50.
Crude, rupee and global cues
A weaker rupee amid rising crude and a stronger dollar added to the pressure, per the same report.
This report is for information only and is not investment advice. Markets carry risk; consult a registered adviser before investing.
