NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on September 4

The Indian equity benchmarks are set to open higher on Friday, September 4, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Gandhinagar advanced 23 points to 24,023 amid positive cues from Asian markets.

The Indian benchmark indices, SENSEX and NIFTY50, closed in negative territory for the fourth straight session on Thursday amid a sell-off in information technology stocks.

Both the benchmark indices ended at their intraday lows, with the SENSEX slumping 417.49 points or 0.55% to close at 76,152.86. Meanwhile, NIFTY50 ended at 23,873.45, down by 41 points or 0.17%.

Asian markets

Asian markets were trading higher on Friday following strong closing of the US markets as bond yields eased in Thursday's session.

Japan's Nikkei rose 0.65%, China's Shanghai Composite index advanced 0.9%, Hong Kong's Hang Seng index gained 2.11% and South Korea's KOSPI index surged 1.07%.

Wall Street update

US stocks ended lower on Thursday as rising bond yields eased and big technology companies came under buying interest.

Giant chip maker Nvidia, whose high-end chips have emerged as AI’s best building blocks, rose 1.8% after saying it would buy the artificial intelligence platform Hugging Face for $13 billion.

Dow Jones advanced 1.18%, S&P 500 index gained 1.06% and tech heavy Nasdaq index rose 1.4%.

FII/DII activity

Foreign institutional investors (FIIs) sold shares worth ₹2,345.87 crore on Thursday while domestic institutional investors bought stocks worth ₹4,977.46 crore, as per NSE data.

Stocks to watch

In a statement on Thursday, SEBI said it may propose changes to the existing methodology, with a consultation paper on the proposed framework likely to be released in about a week.

"Among the issues raised, a significant area of feedback relates to the determination of settlement prices of derivative contracts on expiry based on the closing price determined through CAS," the regulator said in a statement.

The product, QL2107, is a biosimilar to pembrolizumab (Keytruda) and aims to improve access to advanced therapies for cancer patients while lowering treatment costs, Cipla said in a regulatory filing.

The company, formerly known as Suven Pharmaceuticals, said the $13 million additional investment in NJ Bio will increase its common-equity ownership from 56% to 67.3%. The $5 million investment in Aruka Bio will provide Cohance a 65% controlling stake in the firm.

Both transactions will be funded through internal accruals, the company said in a release.

According to the RBI's data, systemic surplus liquidity stood at a record high of ₹9.71 lakh crore as on September 2. The surplus liquidity had touched ₹9.21 lakh crore on September 5, 2021.

Chairman Kumar Mangalam Birla said the new business, christened 'Ultravolt ', is the third big business launch by the group in as many years after its ventures in paints, B2B e-commerce and jewellery retail. Entry into the wires and cables business is also driven by a conviction that it can be a leader in the category.

The average market clearing price in the Day-Ahead Market rose 22% year-on-year to Rs 4.88/unit, according to Indian Energy Exchange data.

Similarly, the average market clearing price in the Real-Time Market jumped 30.4% to Rs 4.41/unit in August 2026.

A total of 2.91 lakh RECs were traded in August 2026, down 86.6% due to lower participation.

“India sits at the heart of Heineken’s growth agenda", which is "expected to be the largest volume growth contributor" in Heineken's focus markets between 2026 to 2030, UBL said in its Investor Presentation.

The Indian subsidiary of Heineken NV also plans to expand Ebitda margins from the current high single digits to the low-to-mid teens over the medium term.

With a strategic focus on Tier 2 cities and key manufacturing clusters, it would enable SMEs and offline-first businesses to access logistics and assisted onboarding closer to where they operate, the company said.

The company also plans expansion of Shadowfax 360 beyond its digital self-serve model into an assisted distribution network. While Shadowfax 360 enables sellers to self-onboard in minutes, many sellers in tier 2 India still need on-ground assistance, as per the company.