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Indices extend losses in late morning deals
Sep-15-2026

Domestic equity indices extended losses in late morning deals amid weak cues from other Asian markets and rising crude oil prices. Sentiments remained weak as India’s consumer price inflation rose to 4.82% in August from 4.45% in July, adding to pressure on the country’s central bank to raise key benchmark rates. Further, depreciation in Indian rupee against dollar also weighed down sentiments. Rupee weakened by 38 paise to 95.92 against the dollar.

Sensex was trading lower by around quarter percent, while the Nifty traded lower over by 0.30 percent amid selling in stocks of State Bank of India, ICICI Bank, Reliance Industries, Axis Bank, and Larsen & Toubro. On the BSE sectoral front, traders were seen pilling up positions in IT, TECK and FMCG, while selling was witnessed in Capital Goods, Industrials, Realty, Power and Basic Materials On the global front, Asian markets were trading mostly in red as traders remained concerned about the uncertainty in the Middle East conflict. 

The BSE Sensex is currently trading at 74600.58, down by 181.18 points or 0.24% after trading in a range of 74587.96 and 75436.44. There were 9 stocks advancing against 21 stocks declining on the index.

The few gaining sectoral indices on the BSE were IT up by 3.75%, TECK up by 2.41% and FMCG up by 0.12%, while Capital Goods down by 2.72%, Industrials down by 2.40%, Realty down by 2.35%, Power down by 2.04% and Basic Materials down by 1.67% were the top losing indices on BSE.

The top gainers on the Sensex were HCL Technologies up by 5.81%, Tech Mahindra up by 4.90%, Infosys up by 4.45%, TCS up by 4.41% and HDFC Bank up by 1.84%. On the flip side, Bharat Electronics down by 3.38%, Bajaj Finserv down by 2.11%, Ultratech Cement down by 2.06%, Interglobe Aviation down by 1.97% and Bajaj Finance down by 1.87% were the top losers.

Meanwhile, Finance Minister Nirmala Sitharaman has called for stronger accountability and safeguards around artificial intelligence (AI) as the technology moves into finance and other critical sectors. She warned that regulators and companies must ensure rapid innovation does not create new forms of systemic risks.

She said that AI could make financial decisions and transactions much faster, but it could also cause fraud, cyberattacks, and other failures to spread at unprecedented speed. She stated ‘AI may assist judgment, but responsibility must remain human and institutional’. She noted that the more serious the consequences of an AI-driven decision, the greater the need for review, explanation and appeal.

Further, she said regulators, company boards and senior management must have a clear understanding of how AI is being deployed, which decisions it affects, the data it depends on, and the potential consequences of a system failure. Besides, she added ‘Higher-risk uses must receive higher levels of scrutiny before deployment and throughout their life cycle.’

The CNX Nifty is currently trading at 23317.65, down by 80.45 points or 0.34% after trading in a range of 23313.15 and 23592.85. There were 14 stocks advancing against 36 stocks declining on the index.

The top gainers on Nifty were HCL Technologies up by 6.36%, TCS up by 5.21%, Tech Mahindra up by 4.70%, Infosys up by 4.61% and Tata MotorsPassenger up by 3.54%. On the flip side, Bharat Electronics down by 3.88%, Shriram Finance down by 3.51%, Grasim Industries down by 2.43%, Ultratech Cement down by 2.39% and Larsen & Toubro down by 2.30% were the top losers.

Asian markets were trading mostly in red; Taiwan Weighted lost 351.03 points or 0.77% to 45,511.49, Jakarta Composite plunged 49.77 points or 0.77% to 6,484.92, Shanghai Composite weakened 14.87 points or 0.38% to 3,870.46, KOSPI dropped 62.21 points or 0.93% to 6,622.16, Hang Seng declined 199.6 points or 0.8% to 24,718.00 and Straits Times fell 57.03 points or 1% to 5,660.99. However, Nikkei 225 surged 147.01 points or 0.23% to 63,640.00.

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