With two hours left in today’s session, Nifty 50 has slipped to 24,448 as bank and financial stocks drag the index lower, while Bitcoin cools off from its $65,000 high and gold races to a two-month peak on safe-haven demand. Here’s your 2 PM markets update.
📈 Afternoon Session: Market Snapshot
As of 2:00 PM IST, the Nifty50 was down 135.50 points (0.55%) at 24,448.30, while the Sensex fell 420.34 points (0.54%) to 78,122.10. Both benchmarks have stayed under pressure through the afternoon as bank and financial shares weigh on sentiment amid uncertainty over peace talks in West Asia. In the broader markets, the Nifty MidCap was flat, down just 0.02%, while the Nifty SmallCap bucked the trend, up 0.32%. Sector-wise, Nifty Private Bank and Nifty Cement underperformed, while Nifty IT and Nifty Pharma held up better and outperformed the broader market. Among individual movers, Tata Consumer Products, Max Healthcare Institute, and UltraTech Cement were the top losers on the Nifty50, while Finolex Cables surged over 12% and Gland Pharma hit a 4-year high after strong Q1 numbers. On the institutional front, FIIs bought a net ₹1,975 crore in the cash segment even as they held a sizeable net short position in index futures, while DIIs were net sellers of around ₹1,290 crore — a mixed signal suggesting caution alongside selective buying.
₿ Crypto at 2 PM — Live Prices
Bitcoin is trading near $63,980 (₹61.0 lakh), down roughly 1.5% after failing to hold above the $65,000 mark it touched earlier in the session. Ethereum is hovering around $1,913 (₹1.82 lakh), little changed on the day as traders eye the $1,930–$2,000 zone as the next resistance. Broader crypto sentiment remains cautious, with the market consolidating ahead of this week’s US inflation prints, which are expected to set the tone for the next big move in both majors.
💰 Live Rates — 2 PM IST
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 24,448.30 | -0.55% |
| Sensex | 78,122.10 | -0.54% |
| Bitcoin (BTC) | ₹61.0L / $63,980 | -1.5% (24hr) |
| Ethereum (ETH) | ₹1.82L / $1,913 | ~flat (24hr) |
| Gold (24K, 10g) | ₹1,55,130 | 2-month high |
| Silver (1kg) | ₹2,55,000 | ~+3% (MCX) |
| USD/INR | ₹95.24 | steady |
| Crude Oil (Brent) | $89.90 | +2.5% |
📰 Top 5 Financial News Stories of the Day
- Adani Group stocks jump up to 3% on US court relief for Gautam Adani — Adani group shares rallied in afternoon trade after a favourable development in a US court case involving Chairman Gautam Adani, easing some of the legal overhang that has weighed on the group’s stocks this year.
- HDFC Bank hits a 2-year low, down 12% in a month — India’s largest private lender extended its slide, dragging the Nifty Private Bank index lower and acting as one of the biggest drags on the Sensex and Nifty50 in today’s session.
- Brent crude nears $90 a barrel on Strait of Hormuz uncertainty — Oil jumped over 2% in European trade as investors weighed the risk of a breakdown in US-Iran negotiations, with any disruption to the Strait of Hormuz threatening to squeeze global crude supply.
- Siemens Q1 net profit surges over 400% YoY — Siemens reported a consolidated net profit of ₹2,143 crore for the June quarter, up sharply from ₹423 crore a year earlier, among the standout Q1 results announced today alongside Finolex Cables and RVNL.
- Gold rallies to a 2-month high on safe-haven demand — 24K gold climbed to ₹1,55,130 per 10 grams as investors sought safety ahead of this week’s US inflation data and amid ongoing geopolitical uncertainty in West Asia, with silver also jumping around 3% on MCX.
🌐 Global Markets & Tomorrow’s Outlook
US futures were mixed overnight, with Dow E-minis down about 0.14% while S&P 500 and Nasdaq 100 futures edged higher, as Wall Street weighs the Strait of Hormuz standoff, rising oil prices, and a crucial week of inflation data. The US CPI report lands Wednesday, followed by PPI on Thursday, with consensus expecting headline inflation near 3.4% year-on-year and core CPI around 2.5% — a print that could shape the Fed’s next move on rates. For Indian investors, tomorrow’s cues will likely hinge on how crude oil settles tonight and whether global risk sentiment stabilises after today’s choppy session.
Data sourced from live market feeds. Last updated: 2:45 PM IST, August 11, 2026. This is for informational purposes only and not investment advice.
