SRE Market Update

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*Derivative Calculus @ 8am: Friday, September 4th 2026* *INDEX Derivatives* *Previous FUTURE Closing to SPOT* # NIFTY on 03.09.26 @ +102 # NIFTY on 02.09.26 @ +81 *NIFTY PCR* # NIFTY – 1.13 *BANKNIFTY PCR* # BANKNIFTY – 1.04 *MAX CE OI* # NIFTY – 25000, 24500 # BNF – 57500 *SHORT BUILDUP* # NIFTY – 24450-24850 *MAX PE OI* # NIFTY – 24000, 23000 # BNF – 57500 *LONG BUILDUP* 24150-24800 *STOCK Derivatives:* *Long Buildup*: # IDFCFIRSTB # INOXWIND # MAHABANK # RBLBANK # SOLARINDS *Long Unwinding*: # HCLTECH # SAIL # NYKAA *Short Buildup* : # GODREJCP # APLAPOLLO # KAYNES # MCX *Short Covering*: # BSE # LICHSGFIN # YESBANK # CDSL *Stocks banned in F&O Segment*: LICHSGFIN, SAIL New in Ban: NIL Out of Ban: NIL *September 3rd 2026 FII/DII:* FII: -2345.87 crores. DII: +4977.46 crores *BSE Derivatives Data* SENSEX September Futures on 03.09.26 @ +708 SENSEX September Futures on 02.09.26 @ +409 *SENSEX PCR* 1.03 *BANKEX PCR* 0.96 *MAX CE OI* # SENSEX – 77000 # BANKEX – 66000 *MAX PE OI* # SENSEX – 77000 # BANKEX – 65000 *Happy Trading Day ahead*

*Economic Calendar, Friday, September 4th 2026* 🇯🇵 *Japan*: Coincident Indicator (MoM) (Jul), Leading Index (MoM) (Jul), Leading Index (Jul) 🇸🇬 *Singapore*: Retail Sales (YoY) (Jul), Retail Sales (MoM) (Jul) 🇩🇪 *Germany*: German Factory Orders (MoM) (Jul), HCOB Germany Construction PMI (Aug) 🇬🇧 *Great Britain*: United Kingdom New Passenger Cars Registration (Aug), Car Registration (YoY) (Aug), S&P Global Construction PMI (Aug), BoE Gov Bailey Speaks 🇪🇺 *Euro*: Retail Sales (MoM) (Jul), Retail Sales (YoY) (Jul) 🇮🇳 *India*: FX Reserves, USD, Bank Loan Growth, Deposit Growth 🇺🇸 *USA*: Average Hourly Earnings (MoM) (Aug), Nonfarm Payrolls (Aug), Unemployment Rate (Aug), Private Nonfarm Payrolls (Aug), Average Hourly Earnings (YoY) (YoY) (Aug), Participation Rate (Aug), U6 Unemployment Rate (Aug), Government Payrolls (Aug), Manufacturing Payrolls (Aug), Average Weekly Hours (Aug),U.S. Baker Hughes Oil Rig Count, U.S. Baker Hughes Total Rig Count

*MARKET KYA LAGTA HAIN@ 7:30 AM –– FRIDAY, SEPTEMBER 4, 2026* GIFT Nifty 🇮🇳: (+121, 24054) BEFORE WE START | THURSDAY’S MARKET RECAP Dalal Street extended its losing streak for the 4th consecutive session. IT and Automobile stocks bore the brunt of selling, while Select Financials, Realty, and Adani Ports offered pockets of resilience. BENCHMARK INDICES AT THURSDAY’S CLOSE | NIFTY: 23,873 (−41) SENSEX: 76,153 (−417) BANK NIFTY: 57,381 (+209) INDIA VIX: 11.34 (−2.16%) # WHAT’S NEXT FOR NIFTY? | KEY EVENTS TO WATCH | Investor focus now shifts to Friday’s US non-farm payrolls report, followed by crucial US inflation data next week. # THE TECHNICAL LANDSCAPE | A sharp rebound remains possible as long as Nifty holds 23,786 — but genuine bullish strength will return only above 24,150. # THE 2-NEGATIVE CATALYSTS ON THE FRONT PAGES | 1) Brent near $95 threatens inflation, the rupee and India’s import bill. 2) Fresh US–Iran attacks have revived concerns over energy flows through the Strait of Hormuz. # THE 2-SILVER LININGS | 1) Sectoral support: Resilience in private banking heavyweights and real estate counters provided a strong cushion against broader weakness. 2) Volatility cooling: A drop in India VIX towards 11.34 signals reduced anxiety despite market corrections 3) Strong forex liquidity and the firmer Indian Rupee could support select lenders and broader domestic theme.

*MARKET TRENDS & STRATEGIES @ 7:15 AM –– FRIDAY, SEPTEMBER 4, 2026* # MARKET TREND DASHBOARD | 🌍 Global cues: Positive 🔴 FII activity: -₹2,346 crore 🟢 DII activity: +₹4,977 crore 📈 India VIX: 11.34 (-2.20%) 📊 Market breadth: Positive 📉 Overall sentiment: Cautiously optimistic ⚙️ Nifty setup: Lower high–lower low 🎯 Broad F&O zone: 23,500–24,300 🛢️ Brent crude firm at $95.50 per barrel 🥇 Gold rises towards $4,494 per ounce 🥈 Silver rebounds towards $67.25 per ounce 💱 USD/INR (September) slips towards 94.63 DERIVATIVES DASHBOARD (Sept 29th Expiry) | Nifty PCR: Around 1.13 Bank Nifty PCR: Around 1.04 FINNifty PCR: Around 0.55 Midcap Nifty PCR: Around 0.98 # WHAT TECHNICALS TELL US ABOUT NIFTY, SENSEX & BANK NIFTY | NIFTY — 23,873 Major Support: 23,786 Immediate Resistance: 24,150 Major Resistance: 24,380 Expected Range: 23,800–24,100 Bias: Cautiously optimistic; confirmation of strength only above 24,150. 21 DMA: 24,258 50 DMA: 24,207 100 DMA: 24,028 200-DMA: 24,616 SENSEX — 76,153 Immediate Support: 75,473 Major Resistance: 78,000 Expected Range: 75,700–76,900 Bias: Cautiously optimistic 21 DMA: 77,547 50 DMA: 77,455 100 DMA: 76,836 200-DMA: 79,381 BANK NIFTY — 57,381 Make-or-Break Support: 56,700 Major Resistance: 58,248 Expected Range: 57,100–58,100 Bias: Cautiously optimistic 21 DMA: 57,573 50 DMA: 57,600 100 DMA: 56,512 200-DMA: 57,437

*MORNING ASIA @ 7:00 AM –– FRIDAY, SEPTEMBER 4, 2026* GIFT NIFTY | Signals a Comeback This Friday morning, the street is betting on Fed Chair Warsh to keep a manic bond market from unravelling # THE MARKET THEME | All eyes are now on Friday’s US jobs report and next week’s inflation data after Fed Chair Warsh signalled readiness to raise rates if required. # BOTTOM LINE | A relief rebound appears likely, but genuine strength will be confirmed only above Nifty’s key hurdle at 24,150. # THE GYAN MANTRA | Make hay while the sun shines — but keep strict stop-losses. 🌅 7:00 AM GLOBAL UPDATE GIFT Nifty 🇮🇳: (+121, 24054) Dow Futures: (-5, 53681) Nasdaq 100 Futures (-121, 29361) 🧭 ASIAN MARKETS Nikkei (+503, 64705) Hang Seng (+302, 25516) 🇺🇸 WALL STREET (Overnight) Dow Jones (+624, 53686) Nasdaq Composite (+366, 26584) Bovespa (-17, 185188). 📦 COMMODITIES, CURRENCIES & BOND *WTI OIL (+0.41%, 91.70)* Gold (+7, 4480) Silver (+1.65, 66.95) Copper (+0.15%, 6.58) Dollar Index (-0.01%, 98.96) *U.S. 10 Year Treasury Note (4.77)* *🇮🇳 Indian ADRs – Performance | Thursday, September 3, 2026.* 🟢 Infosys: +1.00% 🟢 HDFC Bank: +0.28% 🔴 ICICI Bank: −0.20% 🔴 Wipro: −0.0% 🔴 MakeMyTrip: −0.95% 🔴 Dr Reddy’s Labs: −1.15% BOTTOM LINE | Indian ADRs ended mixed, with Infosys outperforming while Dr Reddy’s and MakeMyTrip faced selling pressure. # *WALL STREET AT GLANCE –– FRIDAY, SEPTEMBER 4, 2026* # WALL STREET FUTURES | Little Changed Ahead of Crucial Jobs Report US stock futures traded cautiously on Friday as investors awaited the August payrolls report for fresh clues on the labour market and the Fed’s policy outlook. WALL STREET OVERNIGHT | Dow: +1.18% S&P 500: +1.06% Nasdaq: +1.40% All three benchmarks gained for a second straight session as Treasury yields eased following dovish remarks from Fed Governor Christopher Waller. # COMMODITIES CORNER: 1) Oil Update: Climbs Towards $92; Set for 10% Weekly Surge Oil prices remained elevated amid renewed US–Iran hostilities and growing uncertainty over shipping through the Strait of Hormuz. Vessel traffic through Hormuz has slowed sharply, while refinery disruptions across the Middle East and Russia are tightening global fuel supplies. 2) Gold Update: Holds Firm Near $4,500 Gold extended gains as dovish remarks from Fed Governor Christopher Waller pushed the probability of a September rate hike down to nearly 50% from 63%. A weaker US dollar and falling Treasury yields supported bullion, while Middle East tensions and surging crude prices kept safe-haven demand alive. 3) Silver Update: Holds Firm Near $67 Silver extended gains as dovish remarks from Fed Governor Christopher Waller lowered expectations of a September rate hike to nearly 50% from 63%. A weaker US dollar and falling Treasury yields supported the metal, while Middle East tensions and rising crude prices kept inflation concerns alive. 4) Copper Update: Holds Near $6.50 Per Pound Copper consolidated below its record high of $6.70 as elevated bond yields and concerns over the global manufacturing outlook capped gains. POSITIVE CATALYSTS | Sulphuric-acid shortages are constraining refinery output, while potential US tariffs on unprocessed copper have triggered front-loaded buying. BOTTOM LINE | Tight supplies and steepening backwardation keep copper’s broader bullish structure intact. (Source: MARKETWATCH, BARRONS, WSJ, THESTREET, INVESTING.COM)

*GLOBAL MARKET UPDATE@ 6:00 AM –– FRIDAY, SEPTEMBER 4, 2026* # THE GOOD NEWS | Wall Street Jumps on Fed Optimism. # THE POSITIVE CATALYST | The US 10-year Treasury yields dropped to 4.74% after peaking at a weekly high of 4.81%, following dovish remarks from Fed Governor Waller. # GIFT NIFTY | Gift Nifty signals a higher start. # BOTTOM-LINE | Investor focus now shifts to Friday’s US non-farm payrolls report, followed by crucial inflation data next week. # 6:00 AM GLOBAL UPDATE: GIFT Nifty 🇮🇳: (+140, 24073) Dow Futures: (-15, 53671) Nasdaq 100 Futures (-107, 29375) Nikkei (+176, 64385) Hang Seng (Closed, 25213) Dow Jones (+624, 53686) Nasdaq Composite (+366, 26584) Bovespa (-17, 185188). *WTI OIL (+0.41%, 91.70)* Gold (+7, 4480) Silver (+1.65, 66.95) Copper (+0.15%, 6.58) Dollar Index (-0.01%, 98.96) *U.S. 10 Year Treasury Note (4.77)*

Volatilty Persists... FCNR(B) deposits surged to $127.23 billion under the RBI’s special forex swap facility. Total inflows reached $136.38 billion, strengthening forex liquidity and supporting the rupee. Improved banking-system liquidity could ease funding conditions and support credit growth. KEY CAVEAT | The inflows may not immediately boost margins, as banks must bear interest costs and the RBI could absorb surplus liquidity.

*Mid-Day Market Update @ 12:00 PM — Thursday, September 3rd 2026.* Nifty rebounds from its one-month low amidst short covering. Nifty (+57, 23971) Sensex (+196, 76767) Bank Nifty (+443, 57614) #NIFTY (CMP 23971): Major Support: 23,786 Immediate Resistance: 24,150 Major Resistance: 24,380 Expected Range: 23,850–24,100 Bias: Cautiously optimistic; confirmation of strength only above 24,150. # SECTOR GAINER: NIFTY REALTY (+2.54%) NIFTY PSU BANK(+1.24%) NIFTY MEDIA(+1.08%) # SECTOR LOSER: NIFTY IT (-0.85%) NIFTY HEALTHCARE INDEX(-0.43%) NIFTY PHARMA(-0.38%) # STOCKS ON SPOTLIGHT: 🟢 BANKING STOCKS | POSITIVE Bank Nifty gained 0.71% after FCNR(B) deposits surged to $127.23 billion under the RBI’s special forex swap facility. Total inflows reached $136.38 billion, strengthening forex liquidity and supporting the rupee. Improved banking-system liquidity could ease funding conditions and support credit growth. HDFC Bank, ICICI Bank, SBI, Axis Bank and PSU banks traded higher. KEY CAVEAT | The inflows may not immediately boost margins, as banks must bear interest costs and the RBI could absorb surplus liquidity. # KEY THEMES FOR THE DAY: 1) Financial stocks are on the recovery mode. 2) Strong NRI deposit inflows boosted forex reserves and supported the rupee. RBI’s special forex swap facility attracted $136.38 billion in inflows—$127.23 billion through FCNR(B) deposits, $5.26 billion via OFCBs and $3.89 billion through ECBs—strengthening forex liquidity and supporting the rupee. 3) Elevated crude prices, Middle East tensions and Fed rate-hike fears capped gains. # Top Index Gainers: ADANIPORTS(+2.08%) AXISBANK(+1.40%) HDFCBANK(+1.23%) ICICIBANK(+1.12%) BEL(+0.99%) # Top Index Losers: TECHM(-1.47%) HCLTECH(-1.28%) TITAN(-1.18%) INDIGO(-1.05%) CIPLA(-0.89%) # 11:45 AM GLOBAL UPDATE: Dow Futures: (+71, 53,192) Nasdaq 100 Futures (-12, 29,173) Nikkei ( -221, 64,104) Hang Seng ( -85, 25,226) Dow Jones ( +295, 53,062) Nasdaq Composite ( +118, 26,218) Bovespa (+5,482, 185,205). WTI OIL (-1.20%, 89.92) Gold (+64, 4,479) Silver (+0.940, 66.403) Dollar Index (-0.21%, 99.340) # Securities in Ban for Trade Date: Thursday, September 3rd 2026. LICHSGFIN SAIL

*BEFORE THE BELL @ 09:00 AM –– THURSDAY, SEPTEMBER 3, 2026* INSIGHTS | Nifty is likely to start on the front foot, supported by strong institutional buying. All eyes will be on whether the benchmark can hold its early gains throughout the session. # 9:00 AM GLOBAL UPDATE: GIFT Nifty 🇮🇳: (+123, 24088) THURSDAY’S TRADING ROADMAP | DALAL STREET’S ROADMAP FOR THE DAY. 1) Avoid aggressively chasing an opening gap-up. 2) Prefer selective buying on any intraday corrective declines. 3) Raise cash if Nifty slips below 23,786. 4) Stay cautious on automobile, banking and oil-sensitive stocks. 5) Keep leveraged positions light until crude and bond yields cool meaningfully. # THE GYAN MANTRA | A Relief Rebound Appears Quite Likely — but confirmation of strength only above Nifty’s biggest hurdles at 24150 mark. Keep leveraged positions light until crude and bond yields cool meaningfully. # STOCK ALERT 🟢 COCHIN SHIPYARD | POSITIVE CSL has begun constructing four advanced battery-electric harbour tugs for global marine major Svitzer. The order strengthens CSL’s green-vessel capabilities and supports India’s domestic shipbuilding ambitions. # THE TECHNICAL LANDSCAPE | NIFTY 23,786 < Major downside risk 24,150 > Initial bullish confirmation # *Securities in Ban for Trade Date: THURSDAY, SEPTEMBER 3, 2026* LICHSGFIN SAIL

Video from sykesresearch

Video from sykesresearch

*Derivative Calculus @ 8am: Thursday, September 3rd 2026* *INDEX Derivatives* *Previous FUTURE Closing to SPOT* # NIFTY on 02.09.26 @ +81 # NIFTY on 01.09.26 @ +25 *NIFTY PCR* # NIFTY – 1.15 *BANKNIFTY PCR* # BANKNIFTY – 1.06 *MAX CE OI* # NIFTY – 25000, 24500 # BNF – 57500 *SHORT BUILDUP* # NIFTY – 23500-24850 *MAX PE OI* # NIFTY – 24000, 23000 # BNF – 57500 *LONG BUILDUP* 24100-25000 *STOCK Derivatives:* *Long Buildup*: # IDEA # JSWENERGY # COALINDIA # SOLARINDS *Long Unwinding*: # ICICIBANK # HAVELLS # NAUKRI *Short Buildup* : # SWIGGY # VOLTAS # ATHERENERG # HEROMOTOCORP # EICHERMOT *Short Covering*: # TATAPOWER # ADANIGREEN # VBL # RBLBANK # KALYANKJIL *Stocks banned in F&O Segment*: LICHSGFIN, SAIL New in Ban: NIL Out of Ban: NIL *September 2nd 2026 FII/DII:* FII: +6677.37 crores. DII: +2812.98 crores *BSE Derivatives Data* SENSEX September Futures on 02.09.26 @ +409 SENSEX September Futures on 01.09.26 @ +261 *SENSEX PCR* 1.17 *BANKEX PCR* 0.97 *MAX CE OI* # SENSEX – 78000 # BANKEX – 66000 *MAX PE OI* # SENSEX – 76000 # BANKEX – 63000 *Happy Trading Day ahead*

*Economic Calendar, Thursday, September 3rd 2026* 🇯🇵 *Japan*: 30-Year JGB Auction 🇮🇳 *India*: S&P Global Services PMI (Aug), Manufacturing & Services PMI (Aug) 🇩🇪 *Germany*: HCOB Germany Services PMI (Aug), HCOB Germany Composite PMI (Aug) 🇪🇺 *Euro*: HCOB Eurozone Services PMI (Aug), HCOB Eurozone Composite PMI (Aug), PPI (YoY) (Jul), PPI (MoM) (Jul) 🇬🇧 *Great Britain*: S&P Global Composite PMI (Aug), S&P Global Services PMI (Aug) 🇺🇸 *USA*: Challenger Job Cuts (Aug), Challenger Job Cuts (YoY), Initial Jobless Claims, Nonfarm Productivity (QoQ) (Q2), Unit Labor Costs (QoQ) (Q2), Trade Balance (Jul), Continuing Jobless Claims, Exports (Jul), Imports (Jul), Jobless Claims 4-Week Avg., S&P Global Services PMI (Aug), S&P Global Composite PMI (Aug), ISM Non-Manufacturing PMI (Aug), ISM Non-Manufacturing Employment (Aug), ISM Non-Manufacturing Prices (Aug), ISM Non-Manufacturing New Orders (Aug), ISM Non-Manufacturing Business Activity (Aug), Natural Gas Storage, Atlanta Fed GDPNow (Q3), 4-Week Bill Auction, 8-Week Bill Auction

*MARKET KYA LAGTA HAIN@ 7:30 AM –– THURSDAY, SEPTEMBER 3, 2026* GIFT Nifty 🇮🇳: (+123, 24088) # BEFORE WE START | WEDNESDAY’S MARKET RECAP Dalal Street ended lower for the 3rd consecutive session. Automobiles, private banks and IT stocks bore the brunt of selling, while Coal India, Adani Ports offered pockets of resilience BENCHMARK INDICES AT WEDNESDAY’S CLOSE | NIFTY: 23,914 (−141) SENSEX: 76,570 (−374) BANK NIFTY: 57,172 (−238) INDIA VIX: 11.59 (+0.89%) # WHAT’S NEXT FOR NIFTY? | Is the Market Preparing for a Rebound—or Another Trap? Nifty’s close below 24,000 has damaged its near-term structure. Nevertheless, strong institutional inflows and overnight stability on Wall Street could trigger short-covering. The rebound must clear 24,150 to gain credibility. Until then, every rise should be treated with caution as the risk of another dead-cat bounce remains high. # THE 3-NEGATIVE CATALYSTS ON THE FRONT PAGES | 1) Crude-oil shock: Brent near $95 threatens inflation, the rupee and India’s import bill. 2) The US 10-year yield around 4.80% continues to tighten global financial conditions. 3) Fresh US–Iran attacks have revived concerns over energy flows through the Strait of Hormuz. # THE 2-SILVER LININGS | 1) Institutional support: FIIs bought shares worth ₹6,688 crore, while DIIs invested ₹2,813 crore on Wednesday. 2) India’s 7.8% GDP growth and record forex inflows provide a stronger fundamental buffer against the global turbulence.

*MARKET TRENDS & STRATEGIES @ 7:15 AM –– THURSDAY, SEPTEMBER 3, 2026* # MARKET TREND DASHBOARD | 🌍 Global cues: Positive 🟢 FII activity: +₹6,688 crore 🟢 DII activity: +₹2,813 crore 📈 India VIX: 11.59 (+3.60%) 📊 Market breadth: Neutral 📉 Overall sentiment: Cautious ⚙️ Nifty setup: Lower high–lower low 🎯 Broad F&O zone: 23,500–24,300 🛢️ Brent crude: Around $94 per barrel 🥇 Gold: Around $4,385 per ounce 🥈 Silver: Around $65 per ounce 💱 USD/INR: Around 95.01 DERIVATIVES DASHBOARD (Sept 29th Expiry) | Nifty PCR: Around 1.15 Bank Nifty PCR: Around 1.06 FINNifty PCR: Around 0.63 Midcap Nifty PCR: Around 1.04 # WHAT TECHNICALS TELL US ABOUT NIFTY, SENSEX & BANK NIFTY | NIFTY — 23,914 Major Support: 23,600 Immediate Resistance: 24,150 Major Resistance: 24,380 Expected Range: 23,800–24,100 Bias: Cautiously optimistic; confirmation of strength only above 24,150. 21 DMA: 24,294 50 DMA: 24,210 100 DMA: 24,029 200-DMA: 24,627 SENSEX — 76,570 Immediate Support: 75,900 Major Resistance: 78,000 Expected Range: 76,300–77,800 Bias: Cautiously optimistic 21 DMA: 77,662 50 DMA: 77,472 100 DMA: 76,850 200-DMA: 79,423 BANK NIFTY — 57,172 Make-or-Break Support: 56,700 Major Resistance: 58,248 Expected Range: 56,900–57,900 Bias: Cautiously optimistic 21 DMA: 57,590 50 DMA: 57,616 100 DMA: 56,498 200-DMA: 57,442

*MORNING ASIA @ 7:00 AM –– THURSDAY, SEPTEMBER 3, 2026* GIFT NIFTY | Signals a Comeback Gift Nifty points to a positive start, supported by strong institutional buying. FIIs purchased shares worth ₹6,688 crore, while DIIs invested ₹2,813 crore on Wednesday. # THE MARKET THEME | Fed Concerns Persist Markets remain nervous about a potential Fed rate hike. All eyes are now on Friday’s US jobs report and next week’s inflation data after Fed Chair Warsh signalled readiness to raise rates if required. # BOTTOM LINE | A relief rebound appears likely, but genuine strength will be confirmed only above Nifty’s key hurdle at 24,150. # THE GYAN MANTRA | Make hay while the sun shines—but keep strict stop-losses. 🌅 7:00 AM GLOBAL UPDATE GIFT Nifty 🇮🇳: (+123, 24088) Dow Futures: (+33, 53095) Nasdaq 100 Futures (-145, 28987) 🧭 ASIAN MARKETS Nikkei (-21, 64305) Hang Seng (+171, 25483) 🇺🇸 WALL STREET (Overnight) Dow Jones (+295, 53062) Nasdaq Composite (+118, 26218) Bovespa (+5483, 185205). 📦 COMMODITIES, CURRENCIES & BOND *WTI OIL (+0.05%, 91.03)* Gold (+9, 4397) Silver (+1.3, 65.33) Copper (+2.03%, 6.50) Dollar Index (-0.01%, 99.60) *U.S. 10 Year Treasury Note (4.77)* *🇮🇳 Indian ADRs – Performance | Wednesday, September 2, 2026.* 🟢 ICICI Bank: +1.28% 🟢 HDFC Bank: +1.13% ⚪ Dr. Reddy’s Labs: Flat 🔴 Infosys: −0.25% 🔴 Wipro: −1.64% 🔴 MakeMyTrip: −2.58% BOTTOM LINE | Mixed session—banking ADRs outperformed, while IT ADRs remained under pressure. # *WALL STREET AT GLANCE –– THURSDAY, SEPTEMBER 3, 2026* # WALL STREET FUTURES | US Futures Steady After Three-Day Losing Streak Ends US stock futures traded flat on Thursday after Wall Street rebounded overnight. Easing oil prices and bond yields supported sentiment. Snowflake surged 23% on strong AI-driven results, while Broadcom and Hewlett Packard Enterprise declined following disappointing guidance. # COMMODITIES CORNER: 1) Oil Update: Crude Oil holds above $90 | Crude oil held above $90 per barrel after three consecutive sessions of gains as renewed US–Iran hostilities kept supply risks elevated. However, continued shipments through Hormuz and efforts to reopen the strait capped further gains. Meanwhile, US crude inventories fell by 4.5 million barrels last week. 2) Gold Update: Gold Wavers | Gold traded near $4,400 per ounce as softer US Treasury yields and a weaker dollar supported prices. However, expectations of a September Fed rate hike kept gains in check. Focus now shifts to the ADP report and Friday’s US jobs data. 3) Silver Update: Silver above $65 | Silver traded above $65 an ounce, supported by a softer dollar and easing Treasury yields. Cooling US employment growth and signs of moderating inflation aided the rebound, although expectations of a September Fed rate hike capped gains. 4) Copper Update: Copper Stabilizes | Copper held near $6.50 per pound, below its recent record high of $6.70, as rising bond yields pressured demand prospects. However, supply shortages, disrupted sulphuric acid availability and potential US tariffs on unprocessed copper limited the downside. (Source: MARKETWATCH, BARRONS, WSJ, THESTREET, INVESTING.COM)

*GLOBAL MARKET UPDATE@ 6:00 AM –– THURSDAY, SEPTEMBER 3, 2026* # THE BREAKING NEWS | Gift Nifty makes a comeback, as investors take comfort in institutional support: FIIs bought shares worth ₹6,688 crore, while DIIs invested ₹2,813 crore on Wednesday. # THE GOOD NEWS | Wall Street Snaps Three-Day Losing Streak With Nvidia-Led Gains. # BOTTOM-LINE | Nifty could jump out of the gate if crude and bond yields cool meaningfully. # 6:00 AM GLOBAL UPDATE: GIFT Nifty 🇮🇳: (+131, 24096) Dow Futures: (+33, 53095) Nasdaq 100 Futures (-117, 29025) Nikkei (+89, 64375) Hang Seng (Closed, 25311) Dow Jones (+295, 53062) Nasdaq Composite (+118, 26218) Bovespa (+5483, 185205). *WTI OIL (-0.43%, 90.63)* Gold (+3, 4390) Silver (+1.3, 65.33) Copper (+2.03%, 6.50) Dollar Index (-0.01%, 99.60) *U.S. 10 Year Treasury Note (4.77)*

*Latest after the Bell @ 4:00 PM — Wednesday, September 2nd 2026.* Nifty gives up 24000 mark to heightened bearish action at Dalal Street; ends in red for 3rd consecutive session. Benchmark Indices at 3:30 PM NIFTY (-141, 23914) SENSEX (-374, 76570) BANK NIFTY (-238, 57172) Sensex, Nifty selloff wipes out Rs 5 lakh crore investor wealth in a day as Iran and its Arab neighbours ​were plunged back into war on Wednesday by the biggest exchange of fire between Tehran and Washington since July, with U.S. forces striking Iran's southern coast and Iran firing at American bases ‌across the region. As a result, Brent Crude Oil is back above $ 95 per barrel, nearing $ 100 mark. India VIX too up, at 11.55 levels. Net-net: Bears roaming freely at Dalal Street. # Top Sectors NIFTY OIL & GAS (+0.33%) NIFTY REALTY (+0.21%) NIFTY PSU BANKS (+0.07%) # Sectors Losers NIFTY AUTO (-1.79%) NIFTY MEDIA (-1.75%) NIFTY IT (-1.25%) # Adv-Dec 14—36 # INDIA VIX 11.34 (-1.31%) # NIFTY PCR (8th SEP) 0.73 # NIFTY PCR (29th SEP) 1.15 # USD/INR Futures (SEP) (+0.02%, 95.06) # TODAY’S MARKET RE-CAP: 1) Nifty (-0.59%) ended in red for 3rd consecutive session and most importantly, it also ended below 24000 mark. It is now below 21 DMA (24294), 50 DMA (24210) & 100 DMA (24029). It is way below its 200-DMA (24627) Nifty had ringed a new all-time-high at 26373.20 on January 5th 2026. 2) Bank Nifty (-0.41%) fell, in-line with the benchmark. On February 2nd, Bank Nifty’s has scaled a new all-time-high at 61,764.85 mark. 3) The market breadth (14:36) was in favour of bears. 4) Nifty Midcap (-0.70%) and Nifty Small-cap index (-0.37%) both fell in-line with the benchmarks as well. # STOCKS IN SPOTLIGHT: Top Gainers 1) IFCI (+12.67%%, ₹ 98) IFCI's share price moved higher in Wednesday’s intra-day deals amid heavy volume in an otherwise weak market. The stock price of the state-owned financial institution was trading close to the ₹100 mark after an 18-year gap.in intra-day trading on Tuesday following a steep correction in the previous session post MSCI rejig. 2) Adani Ports (+1.53%, ₹ 1673) Adani Ports and Special Economic Zone Ltd handled a record 50 million tonnes of cargo in August, its highest monthly throughput to date, as stronger domestic economic activity, rising container trade and a diversified cargo mix lifted volumes. Top Losers: 1) BSE (-2.28%, ₹ 3168) BSE shares have been under pressure since the implementation of Sebi's new Closing Auction Session (CAS) for stocks in the F&O segment.. 2) ICICI Bank (-0.80%, ₹ 1427) ICICI Bank has mobilised about $17.88 billion under the ​Reserve Bank of India's foreign ​currency non-resident deposits scheme through ‌August 31, the private lender said on Wednesday. The bank said loans provided by international branches and subsidiaries against such deposits stood at $9 billion # BULLS OF THE DAY: COALINDIA (+4.05%) NTPC (+1.85%) ADANIPORTS (+1.53%) ADANIENT (+0.97%) BAJAJFINSV (+0.91%) # BEARS OF THE DAY: EICHERMOT (-3.24%) WIPRO (-2.54%) M&M (-2.12%) BAJAJ AUTO (-1.87%) ASIANPAINT (-1.86%) # STOCKS SCALING FRESH 52-WEEK HIGH: IFCI (CMP 97.72) 52-week high at ₹ 99.49 IPCALAB (CMP 1955.8) 52-week high at ₹ 2001.5 LENSKART (CMP 669.25) 52-week high at ₹ 678.4 52 WEEK LOWS: DABUR (CMP 379) 52-week low at ₹ 377.6 ICICIGI (CMP 1537) 52-week low at ₹ 1521.1 IRCTC (CMP 473.05) 52-week low at ₹ 470.7 IRFC (CMP 82.48) 52-week low at ₹ 81.30 PIIND (CMP 2393) 52-week low at ₹ 2353.5 VOLTAS (CMP 1152.1) 52-week low at ₹ 1151.0

*Bears in complete control at Dalal Street*