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Weak trade persists over Dalal Street
Sep-15-2026

A weak trade persisted over the Dalal Street in early afternoon deals, amid rising WPI inflation along with uncertainty in the Middle East conflict. Higher bond yields and soaring crude oil prices fueled global inflation concerns and indicated an imminent interest rate hike from the US Fed this week. 

Both Indices, Sensex and Nifty, were trading in red, as India's wholesale price index (WPI) inflation rose in the month of August 2026 to 9.92 per cent, as compared to 9.78 per cent in July 2026, on rising prices of food, manufactured items, and fuel and power. The index for All Commodities for August 2026 also increased to 110.8, from 110.0 in July 2026.

On the global front, Asian markets were trading mostly in red, after China's industrial production growth accelerated in August but retail sales registered a weaker expansion. Industrial production increased 5.2 percent on a yearly basis in August, faster than the 4.5 percent rise in July. Retail sales grew only 0.4 percent from the last year. This was slower than the 0.6 percent growth seen in July and forecast of 0.8 percent.

The BSE Sensex is currently trading at 74620.47, down by 161.29 points or 0.22% after trading in a range of 74583.55 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 3.03%, TECK up by 1.94% and FMCG up by 0.15%, while Capital Goods down by 2.74%, Realty down by 2.53%, Industrials down by 2.31%, Power down by 1.96% and Basic Materials down by 1.93% were the top losing indices on BSE.

The top gainers on the Sensex were HCL Technologies up by 6.11%, TCS up by 5.13%, Infosys up by 4.46%, Tech Mahindra up by 4.44% and HDFC Bank up by 1.84%. On the flip side, Bharat Electronics down by 3.63%, Titan Company down by 2.22%, Ultratech Cement down by 2.02%, Bajaj Finserv down by 2.00% and ICICI Bank down by 1.91% were the top losers.

Meanwhile, deepening their mutual ties, India and Vietnam have agreed to boost their defence ties through joint production of military hardware and decided to expand bilateral trade by building stronger supply chains and widening market access for Indian marine and agricultural products and pharmaceuticals. During the 19th India-Vietnam Joint Commission Meeting (JCM) on trade, economic, scientific and technological cooperation, External Affairs Minister S Jaishankar and his Vietnamese counterpart Le Hoai Trung explored ways to further bolster the bilateral ties in a range of key areas. Both ministers reviewed the full spectrum of bilateral relations under the India-Vietnam Enhanced Comprehensive Strategic Partnership.

Ministry of External Affairs (MEA) also highlighted other areas identified by both parties for deeper cooperation. These areas include port and air connectivity, nuclear energy and space sector, heritage conservation, cooperation in standards for seafarers, capacity building, and people-to-people ties. Further, both sides exchanged perspectives on regional and global developments of mutual interest and reaffirmed their commitment to closer cooperation and coordination in regional and multilateral fora. Emphasizing the significance of India-Vietnam ties, Jaishankar referred Vietnam as a key partner in India's Act East Policy, vision MAHASAGAR as well as in its outlook of the Indo-Pacific. 

Besides, the two sides have deliberated on the prevailing situation in West Asia and South China Sea, a region that has witnessed increasing Chinese military muscle-flexing, during their discussions. Meanwhile, India and Vietnam had their ties to an enhanced comprehensive strategic partnership and set a $25 billion annual trade target by 2030, in May this year. Further, the two sides had inked a pact to set up a framework for submarine search, rescue and support mechanism. They also signed a letter of intent (LoI) to strengthen bilateral defence industry collaboration.

The CNX Nifty is currently trading at 23315.05, down by 83.05 points or 0.35% after trading in a range of 23311.55 and 23592.85. There were 13 stocks advancing against 37 stocks declining on the index.

The top gainers on Nifty were HCL Technologies up by 5.40%, TCS up by 4.69%, Infosys up by 3.99%, Tech Mahindra up by 3.72% and Tata Motors Passenger up by 2.39%. On the flip side, Bharat Electronics down by 3.64%, Shriram Finance down by 3.59%, Grasim Industries down by 2.85%, Adani Enterprises down by 2.42% and Titan Company down by 2.36% were the top losers.

Asian markets were trading mostly in red; Jakarta Composite plunged 56.09 points or 0.86% to 6,478.60, KOSPI dropped 57.11 points or 0.86% to 6,627.26, Taiwan Weighted lost 351.03 points or 0.77% to 45,511.49, Hang Seng declined 250.6 points or 1.01% to 24,667.00, Straits Times fell 72.35 points or 1.27% to 5,645.67 and Shanghai Composite weakened 21.05 points or 0.54% to 3,864.28, while Nikkei 225 surged 137.01 points or 0.22% to 63,630.00.
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