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Markets relinquish some gains in late trade
Sep-17-2026

Indian equity markets have relinquished some gains in late trade amid 25 basis point interest rate hike by US Federal Reserve for the first time since 2023 in an effort to quell high inflation. Besides, it has signalled another rate hike later this year. Further, continuous selling by the foreign institutional investors (FIIs) weighed on market risk sentiment. The FIIs were the net sellers on Wednesday’s session, offloading securities worth Rs 2,032.61 crore. However, markets continued to trade in positive territory as some ease in crude oil prices supported the market sentiments.

Sensex was trading with meagre gains ahead of weekly expiry of its F&O contracts, while Nifty was trading with gains of near four tenth of a percent, supported by buying among Industrials, Insurance, and financial services counters.

On the global front, Asian equity markets were trading mixed ahead of high-level U.S.-China talks scheduled for this weekend. European equity markets were trading higher as global crude oil prices retreated from recent highs. 

The BSE Sensex is currently trading at 74470.92, up by 134.47 points or 0.18% after trading in a range of 74163.95 and 74677.56. There were 21 stocks advancing against 9 stocks declining on the index.

The top gaining sectoral indices on the BSE were Capital Goods up by 2.02%, Industrials up by 1.56%, Realty up by 1.52%, Power up by 1.38% and Healthcare up by 1.19%, while Bankex down by 0.22%, Energy down by 0.15% and Oil & Gas down by 0.09% were the few losing indices on BSE.

The top gainers on the Sensex were Eternal up by 2.45%, Bharat Electronics up by 2.24%, Interglobe Aviation up by 2.02%, Maruti Suzuki India up by 1.26% and Asian Paints up by 0.98%. On the flip side, Titan Company down by 1.34%, HDFC Bank down by 0.91%, Infosys down by 0.69%, ICICI Bank down by 0.57% and Hindustan Unilever down by 0.51% were the top losers.

Meanwhile, on the sidelines of the G20 Energy Abundance Ministerial in Houston, India’s Power Minister Manohar Lal has met US Energy Secretary Chris Wright in Houston and discussed India's nuclear energy expansion roadmap and other issues. The meeting comes at a time when the US industry is keen on investing in the nuclear sector in India as it aims to achieve 100 GW atomic energy capability by 2047. The two sides discussed India’s power infrastructure requirements for emerging areas such as Artificial Intelligence, high-performance computing and data centres, as well as India’s nuclear energy expansion roadmap. They also discussed strengthening cooperation in clean energy, resilient energy infrastructure and emerging technologies. 

Highlighting India’s rapid progress in building a secure and resilient energy system, Manohar Lal noted that the country has achieved 552 GW of installed capacity, with non-fossil sources accounting for more than 50 per cent of the energy mix, besides making advances in solar power, energy storage, nuclear energy and clean cooking access. He also emphasised India’s commitment to technology-neutral, inclusive energy pathways and global cooperation through International Solar Alliance (ISA), One Sun One World One Grid (OSOWOG) and the Global Biofuels Alliance. 

During discussions on ‘Permitting and Regulatory Efficiency’, Lal outlined India’s reforms to streamline approvals and strengthen regulatory predictability through digital platforms including the National Single Window System, PARIVESH, and PM Gati Shakti. He stressed that efficient permitting is essential for timely infrastructure development and called for enhanced G20 collaboration in capacity building and regulatory modernisation.

The CNX Nifty is currently trading at 23305.05, up by 87.45 points or 0.38% after trading in a range of 23193.65 and 23363.55. There were 35 stocks advancing against 15 stocks declining on the index.

The top gainers on Nifty were HDFC Life Insurance up by 5.62%, SBI Life Insurance up by 4.03%, Dr. Reddy's Laboratories up by 3.04%, Interglobe Aviation up by 2.33% and Bharat Electronics up by 2.23%. On the flip side, ONGC down by 1.86%, Titan Company down by 1.24%, Bajaj Auto down by 0.99%, Coal India down by 0.79% and HDFC Bank down by 0.77% were the top losers.

Asian equity markets were trading mixed; Taiwan Weighted added 439.1 points or 0.95% to 46,288.00, Straits Times rose 21.65 points or 0.38% to 5,657.06 and Jakarta Composite gained 30.02 points or 0.46% to 6,466.87, while Nikkei 225 slipped 33 points or 0.05% to 63,890.00, Hang Seng declined 142.78 points or 0.58% to 24,571.00, KOSPI dropped 2.56 points or 0.04% to 6,715.41, and Shanghai Composite weakened 16 points or 0.41% to 3,875.60.

European equity markets were trading higher; UK’s FTSE 100 increased 47.85 points or 0.45% to 10,736.32, France’s CAC rose 10.21 points or 0.13% to 8,150.80 and Germany’s DAX gained 131.55 points or 0.51% to 25,669.30.
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