Stock Market Update (17th Sep 26): Nifty 50 down by 0.10% and Sensex by 0.21%

Indian markets are likely to remain volatile amid positive cues from broader Asian markets and persistent FII fund outflows from the domestic markets. The previous session ended the day trading higher due to strong buying sentiment in banking and FMCG stocks.

Global cues

Both Asian markets and U.S. markets traded mixed after the Federal Open Market Committee (FOMC) voted to lift the benchmark rate by a quarter percentage point to a range of 3.75% to 4%.

Gift Nifty

On 17th September 2026, the GIFT Nifty traded higher, led by positive cues from broader Asian markets.

Asian Markets

ASIAN MARKETS	LTP	Prev close	Change
GIFT NIFTY	23,247.50	23,140.00	0.46%
Nikkei 225	63,965.26	63,923.00	0.07%
Hang Seng	24,477.82	24,713.78	-0.95%
Taiwan	46,428.98	45,848.90	1.27%
KOSPI	6,727.07	6,717.97	0.14%

Asian markets, except Hang Seng, traded higher after easing of crude oil prices.
Hang Seng traded lower, dragged down by losses in Tencent Holdings by 1.80%, HSBC Holdings by 1.49%, and Alibaba Group Holding by 1.60%.

U.S & European Markets

U.S MARKETS	LTP	Prev close	Change
DOW JONES	51,461.90	52,093.11	-1.21%
S&P 500	7,553.33	7,585.73	-0.43%
Nasdaq	25,985.53	25,981.57	0.02%

Dow Jones and S&P 500 closed trading lower after the Federal Reserve hiked interest rates for the first time in three years and the Fed Chairman Kevin Warsh highlighted persistent inflation.
Nasdaq traded higher, led by gains in NVIDIA up by 0.82%, SpaceX by 5.15%, and Intel by 4.03%.

EU MARKETS	LTP	Prev close	Change
FTSE	10,688.47	10,658.13	0.28%
CAC	8,140.59	8,090.28	0.62%
DAX	25,537.75	25,402.28	0.53%

The United Kingdom’s FTSE traded in the green, led by gains in banking stocks including Standard Chartered, NatWest, Lloyds Banking Group and HSBC, all traded higher after JPMorgan forecast stronger third-quarter trading and investment-banking revenue.
The French index, CAC, closed trading in the green led by gains in ArcelorMittal up by 2.28%, Edenred by 2.24%, and ENGIE by 1.95%.
The German index, the DAX, closed trading higher amid gains in Hochtief up by 3.54%, Siemens Energy by 3.10%, and RWE by 2.81%.

Commodities

COMMODITIES	LTP ($)	Prev close	Change
BRENT CRUDE	105.8900	105.6100	0.26%
GOLD	4,285.5650	4,263.8550	0.51%
CRUDE OIL	102.4200	102.0300	0.38%
NATURAL GAS	3.0040	2.9920	0.40%
SILVER	63.4002	62.9650	0.69%

Crude oil prices and Natural Gas traded higher amid renewed buying interest after a recent selloff followed by a statement by the U.S Energy Secretary Chris Wright that Saudi Arabia’s damaged East-West pipeline should resume operations within days.
Precious metals, such as gold and silver, traded higher amid a soft dollar.

Currency Movements

CURRENCY	LTP	Prev close	Change
DOLLAR INDEX	100.3250	100.3400	0.01%
USD/INR	96.1180	96.1310	0.01%
GBP/INR	128.4342	128.5142	0.06%
EUR/INR	110.0954	110.1245	0.03%

The dollar index fell amid selling pressure.
The rupee rose against other currencies amid strong buying sentiment.

Sectors to watch

Automobile Sector: The government of India cleared applications of seven companies for importing a total of 642 passenger vehicles from the UK on concessional tariffs in two months of implementation of a bilateral free trade pact.
Banking Sector: According to Bernstein, the introduction of a 40bps MDR on eligible UPI merchant transactions can create an industry revenue pool of about ₹27,000 crore by FY 2028.
Metals & Mining Sector: NMDC recovered a 27.29-carat gem-quality diamond, which is initially estimated to be valued at around Rs 1 crore from its Diamond Mining Project (DMP) in Panna, Madhya Pradesh, marking it the second-largest diamond recovered.
Oil & Gas Sector: The government reduced windfall taxes on petrol, diesel, and aviation turbine fuel as part of its fortnightly review of export duties.

Stocks to watch

Fortis Healthcare: Fortis Healthcare signed a definitive agreement to provide healthcare services at a 400+ bed super-specialty hospital in Ashok Vihar, New Delhi.
Mazagon Dock Shipbuilders: Mazagon Dock Shipbuilders signed an MoU with National Shipbuilding & Heavy Industries Park Maharashtra to anchor the shipyard in the proposed greenfield shipbuilding industrial cluster at Dighi, Maharashtra.
Infosys: Infosys expanded its Indore Development Centre with a new 330,000 sq ft software development block to strengthen its AI and cloud services capabilities.
Krsnaa Diagnostics: Krsnaa Diagnostics completed the formalities and signed a concession agreement with the government of Punjab for developing, operating, and maintaining PET-CT diagnostic facilities at four government hospitals.
Venus Pipes & Tubes: Venus Pipes & Tubes board approved a preferential issue of up to 22.28 lakh equity shares at ₹1,670 per equity share, aggregating up to ₹372 crore.

FII and DII Inflows - 16th September 2026

Category	Buy Value	Sell Value	Net Value
DII	15,279.59	11,371.36	3,908.23
FII/FPI	12,959.09	14,991.65	-2,032.61

(The above numbers are in ₹ Cr.)

On 16th September, net fund inflows were at ₹1,875.62 crore, with domestic institutional investors (DIIs) as net buyers, supporting Indian markets, and foreign institutional investors (FIIs) as net sellers, as investors closely monitor global macroeconomic data.

Global Events & Updates

On 17th September, the Eurozone will release inflation data for August 2026.
The United Kingdom will release the Bank of England’s interest rate today.
The United States will release the housing data for August 2026 today.

Things to look out for

The Eurozone’s Industrial production remained unchanged from the previous year in July 2026, beating market expectations for a 0.1% fall.
The United Kingdom’s annual inflation rate rose to 3.1% in August 2026, the highest in five months, in line with market expectations and up from 2.9% in July, where transport costs made the largest upward contribution to the annual rate.