Closing Bell 17th September: Nifty 50 up by 0.23% & Sensex down by 0.03%
Closing Bell September 17: Nifty rises 0.23% while Sensex ends flat as investors weigh the Fed rate hike, crude oil and NSE IPO.
Team Dhan
|Sep 17, 2026, 04:08 PM
On Thursday, the Indian bourses ended the day with mixed sentiment, with the Nifty 50 opening at 23,195.25, reaching a high of 23,363.55, and closing at 23,270.60, up by 0.23%. Similarly, the BSE Sensex opened at 74,182.62, reached a high of 74,677.56, and ended at 74,314.59, down by 0.03%.
The Indian markets traded mixed as the U.S administration seeks to ease concerns over disruptions to Saudi oil supplies, and after the U.S Federal Reserve hiked interest rates for the first time in three years.
Reasons for the mixed sentiment
The following are the reasons for the mixed sentiment in the stock market:
- Brent crude, the global oil benchmark, dropped to $101 per barrel.
- Negative cues from broader Asian markets.
- India VIX, the volatility indicator for Indian markets, traded lower at 12.29, down by 6.68%, signalling rising stability in the Indian markets.
- Foreign Institutional Investors continued to exit from Indian markets.
- The rupee appreciated by 14 paise to 95.98 against the U.S dollar.
Major Indices Today
- The benchmark indices, Nifty 50, traded higher amid gains in Larsen & Toubro, Eternal, Tata Steel, and HDFC Life Insurance Company, while the SENSEX traded lower, dragged by losses in HDFC Bank, ICICI Bank, Bharti Airtel, and SBI.
- Nifty Next 50 traded in the green, led by gains in CG Power & Industrial Solutions, TVS Motors, Samvardhana Motherson International, and Divis Laboratories.
- Nifty Bank traded in the red amid profit booking after the recent rally.
Sectoral Indices Today
- Nifty IT traded higher amid renewed buying interest.
- Nifty Auto traded higher after India approved applications of seven companies for importing a total of 642 passenger vehicles from the United Kingdom on concessional tariffs.
- Nifty FMCG traded higher, led by gains in Emami shares on the news of a buyback plan.
- Nifty Pharma traded in the green, led by gains in Dr. Reddy’s Laboratories shares after the company announced a licensing agreement with Gilead Sciences for investigational once-yearly lenacapavir used as pre-exposure prophylaxis (PrEP) for HIV prevention.
- Nifty Oil & Gas traded lower as Indian refiners are facing growing crude supply uncertainty amid Middle East disruptions, coinciding with the risk of tougher U.S. restrictions on Russian oil buyers.
Market Movers Today
- Hitachi Energy India shares rose by 3% after Jefferies gave a 'Buy' rating on the stock, citing the company's renewed focus on increasing the share of services in revenues.
- New India Assurance Company (NIACL) and IFCI shares rose to 9% and 2%, respectively, after the National Stock Exchange of India (NSE) IPO opened for public subscription, as IFCI holds a stake in Stock Holding Corporation of India (SHCIL), which in turn owns a 4.4% stake in NSE, while NIACL holds a 1.42% stake in NSE.
- Turtlemint shares rose by 7% after Motilal Oswal initiated coverage on the stock with a buy rating on the stock, and expects corporate overheads to clock a 6% CAGR over FY26-29, resulting in adjusted EBITDA breakeven in FY27 and margin expansion of around 11% by FY29.
- Yatharth Hospital shares rose by 7% after Advent International entered into a definitive agreement to invest ₹3,150 crore for a 24.9% stake in the company.
- PB FinTech shares dropped by 6% after a news that the company's group chief executive officer, Yashish Dahiya, will resign, which he later clarified that the news was false and he would continue to hold the position.
Top Gainers
Top Losers
52W High Stocks
52W Low Stocks
High Volume Stocks Today
IPO
- NSE IPO opened today and will close on 21st September. The IPO price band is from ₹1700 to ₹1785 per equity share.
- Sonaselection IPO opened today and will close on 21st September. The IPO price band is from ₹94 to ₹99 per equity share.
- Jindal Supreme IPO is open and will close on 18th September. The IPO price band is from ₹88 to ₹93 per equity share.
- Hero Motors IPO is open and will close on 18th September. The IPO price band is from ₹79 to ₹84 per equity share.
- SS Retail IPO is open and will close on 18th September. The IPO price band is from ₹403 to ₹424 per equity share.
Allotted today
- Manika Plastech shares were allotted today. Investors can check their allotment status on the NSE and BSE websites.
Listed today
- Rentmojo shares listed today at ₹482.45 per share, a 19.42% premium on the NSE, and on the BSE, the stock debuted at ₹480 apiece, up 18.81%. The IPO price band was set at ₹384 to ₹404 per share.
- LCC Projects shares listed today at ₹189 per equity share on the NSE, up 29.45%, and at ₹191.90 per share on the BSE, up 31.44%. The IPO price band was set at ₹139 to ₹146 per share.
- Steamhouse India shares listed today at ₹94.50 per share, at a premium of 16.67% on the NSE, and on the BSE at ₹93 per share, up by 14.81%. The IPO price band was set at ₹77 to ₹81 per share.
- Karamtara Engineering shares listed today at ₹320 per share, at a premium of 25.98%, on the NSE and BSE. The IPO price band was set at ₹241 to ₹254 per share.
- Asset Reconstruction Company shares listed today at ₹139 per share, at the company’s listing price, on the NSE and BSE. The IPO price band was set at ₹132 to ₹139 per share.
Market Announcements
- Venus Pipes & Tubes shares rose by 7% after the company’s board approved a preferential issue of 2.23 million equity shares at ₹1,670 per equity share, raising ₹372 crore for debt repayment.
- Emami shares rose by 7% after the company’s board approved the buyback of equity shares for an aggregate amount not exceeding ₹282 crore at a price not exceeding ₹475 per equity share, payable in cash, from its shareholders.
