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India's Markets on Sep 18 2026: Sensex Stalls, Nifty Edges Higher Amid Global Cues

Sensex ends flat at 74,295; Nifty nudges up to 23,346 as oil prices fall and Wall Street rallies

The BSE Sensex closed virtually unchanged while the NSE Nifty posted a modest gain. Key movers included HDFC Bank, Adani Ports and IndiGo, with the IT sector dragging.

Friday’s trading session was a study in contrasts. The BSE Sensex barely budged, finishing at 74,295 – a whisker down from the previous close – whereas the NSE Nifty 50 managed to pull ahead, settling at 23,346, up about 0.3%.

Early on, the GIFT Nifty hovered around the 23,330‑23,345 band, hinting at a tentative start. By mid‑day, the index had crept past the 23,360 mark, only to wobble around a narrow range before closing a touch higher. Technical eyes were glued to the 23,365 resistance – yesterday’s high – and the 23,200 support zone, which could dictate the next few moves.

Globally, the mood was bullish. Wall Street posted a solid rally, with the Nasdaq jumping over 1.6% and the S&P 500 up 1.1% in overnight trading. Meanwhile, crude oil slipped, giving a sigh of relief to emerging‑market equities and easing inflation worries in India.

On the corporate front, a handful of names stole the limelight. HDFC Bank rallied 2.5% to ₹731.10, while Adani Ports climbed 2.5% to ₹1,779.15. IndiGo posted a near 2% rise, trading at ₹4,951.60. The upside was largely offset by a sharp pull‑back in the IT sector – TCS tumbled 3.9% to ₹2,110, dragging along Infosys, HCL and Tech Mahindra, each slipping over 1%.

Among the day’s stories, Bharat Electronics bagged fresh orders worth ₹648 crore across defence and IT solutions. Wipro announced a partnership with Saudi Aramco and SAP for a new asset‑management platform, and Oil India disclosed a ₹15,000 crore, three‑year deep‑water exploration plan. Bharat Forge launched a qualified institutional placement with a floor price of ₹1,947.70 per share.

Not to be ignored, the Tata Group saw a mixed reaction after Shapoorji Pallonji signalled a possible ₹25,000 crore stake sale in Tata Sons. Shares of Tata Chemicals, Tata Investment Corp and Tata Motors’ passenger‑vehicle arm fell between 2% and 8%, erasing some of Thursday’s gains.

Investors also kept an eye on the Bank of Japan’s rate decision, wary that any surprise could ripple through Asian markets and affect currency flows. The overall sentiment remained cautiously optimistic, buoyed by lower oil prices and a risk‑on vibe from the U.S. equity rally.

In sum, the Indian market ended the day with a flat‑lined Sensex but a modestly higher Nifty, a pattern that mirrors the global mix of steady optimism and lingering caution.

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