Sensex Down Over 400 Points at 73,815 on June 8, 2026; Metal Stocks Extend Losses for 4th Straight Session

The Indian stock market started the week on a weak note, with the BSE Sensex opening sharply lower in Monday's trading session. The benchmark index opened at 73,421.61, down 821.73 points or 1.10% from the previous session's close. 

At around 12:11 PM, the Sensex was trading at 73,761.93, down 481.41 points or 0.65% compared to Friday's closing level, indicating some recovery from the day's lows. 

Sectoral Performance Remains Weak 

Selling pressure was visible across several key sectors during the session, with the BSE Telecommunication, BSE Commodities, BSE Industrials, BSE Auto, BSE Metal, and BSE Realty indices all trading lower by more than 1% during the afternoon session.  

However, defensive segments continued to outperform. Positive sectoral performers included: 

Metal Stocks Under Pressure for 4th Straight Session 

Metal stocks emerged among the worst-performing pockets of the market, with most major counters trading in the red. Weak sentiment was visible across steel, aluminium, and mining companies, contributing to the decline in the BSE Metal index. 

Among metal stocks, APL Apollo Tubes emerged as the top performer within the sector despite trading in the red, declining 0.48% to ₹1,815.40. It was followed by Hindustan Zinc, which slipped 0.74% to ₹562.80, and Jindal Steel & Power, which fell 0.88% to ₹1,170.95. While these stocks outperformed their sectoral peers, the overall metal pack remained under pressure during the session amid broad-based selling. 

The broad-based decline indicates continued pressure across the metal value chain, from mining companies to steel and aluminium producers. 

BSE Hospital Stocks Showing Strength 

While broader markets remained under pressure, hospital stocks emerged as one of the strongest-performing segments of the day. 

The BSE Hospitals index was trading higher by around 1.75%, supported by gains in leading healthcare companies. 

Among hospital stocks, Fortis Healthcare emerged as the top gainer, rising 3.17% to ₹1,000.00. It was followed by Aster DM Healthcare, which advanced 3.03% to ₹776.45, while Max Healthcare Institute gained 2.04% to trade at ₹997.00. The strong performance of these healthcare counters helped the BSE Hospitals index outperform the broader market, reflecting investor preference for defensive sectors amid market volatility. 

Other stocks supporting the positive momentum in the hospital sector included KIMS, which gained 1.59%, Apollo Hospitals, up 1.56%, Yatharth Hospital, which advanced 1.54%, and Indraprastha Medical Corporation, which rose 1.21%. Gains across these counters further strengthened the BSE Hospitals index, making it one of the best-performing sectoral indices during the session. 

Read More: India's F&O Trading Activity Decline in May 2026 as Geopolitical Tensions Rise; NSE Outperforms BSE 

Conclusion 

Indian equities witnessed a weak start to the week, with the Sensex opening over 800 points lower amid broad-based selling pressure across metal, auto, telecom, and realty stocks. Metal shares remained among the biggest losers, dragging sectoral performance lower. However, the resilience seen in hospital, healthcare, FMCG, and utility stocks suggests investors are selectively rotating towards defensive sectors.  

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