Stock Market Opening Bell: Nifty 50 Falls 1.22%, Sensex Plummets 1.11% - Here's Why
While Nifty 50 declined 1.22% to 23,080 level, Sensex tanked 1.11% to 73421.60 level.
- Republic Business
- 2 min read
Stock Market Opening Bell: The Indian stock market indices, Sensex, and Nifty 50 witnessed a sharp gap down opening on Monday, June 8, tracking negative global cues, including Israel's fresh strikes on Lebanon, which kept the oil prices elevated over 3%.
While Nifty 50 declined 1.22% to 23,080 level, Sensex tanked 1.11% to 73421.60 level.
Meanwhile, Asian markets crashed after the US stock market benchmark indices ended in red on Friday with Nasdaq recording its largest one-day percentage loss since April 2025.
On Friday's trading session, the Indian stock market closed the volatile session lower after the Reserve Bank of India (RBI) raised inflation forecast and reduced growth projections while keeping the report unchanged at 5.25%.
Stocks In Focus Today
- Blackstone backed AirTrunk will invest over USD 30 billion in India by 2030 to build 5 GW of data centre capacity, backed by Blackstone
Inc. and Canada Pension Plan Investment Board, to support growing cloud and AI demand. - Glenmark Pharmaceuticals launched Lacosamide Injection USP in USA. The product is a therapeutic equivalent to UCB's Vimpat Injection.
- Hindustan Construction Company secured a Rs 1.27 billion contract in Bhutan to construct diversion tunnels and hydromechanical gates,
with completion expected in nine months. - Bajaj Electricals announced its entry into the cables category under its Lighting Solutions segment to expand and diversify its business.
- Alembic Pharmaceuticals received USFDA final approval for Haloperidol Tablets (1 mg–20 mg), a generic treatment for psychotic disorders and Tourette’s syndrome.
- BHEL received a Rs 210bn+ EPC order from Meja Urja Nigam for the 3×800 MW Meja thermal power project in Uttar Pradesh, to
be completed in 70 months. - Asian Energy Services has been empaneled by Oil India for onshore 2D and 3D seismic data acquisition services for a period of three years.
- BCPL Railway Infrastructure secured a Rs 47.2 million order from Eastern Railway, Howrah Division for 25 KV OHE work related to
replacement of old Guy Rod Assembly, to be executed over 18 months. - Coal India is boosting coal availability by offering higher linkage volumes, easing rules for sales and partnerships, and ensuring stable supply to power and industrial sectors.
Published By : Nitin Waghela
Published On: 8 June 2026 at 09:25 IST