Sensex and Nifty Rebound Amid Easing Crude Prices
Benchmark indices in India gain, despite foreign investor selling.
Market Performance
The 30-share BSE Sensex climbed 283.66 points to 74,812.74 in early trade on Wednesday, September 23, 2026, while the 50-share NSE Nifty increased by 85.55 points to 23,414.55.
Among the 30 Sensex firms, Bajaj Finance, Bajaj Finserv, Tata Steel, UltraTech Cement, Larsen & Toubro, and Asian Paints were among the winners, while Tata Consultancy Services, Infosys, HDFC Bank, and Mahindra & Mahindra lagged behind.
Crude Oil Prices
Brent crude, the global oil benchmark, traded 0.97% lower at $98.29 per barrel, offering some relief on the broader macroeconomic front, particularly for India given its energy dependence.
Market Analysis
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, stated, 'The moderation in crude prices offers some relief on the broader macroeconomic front, particularly for India, given its dependence on imported energy. However, continued foreign investor selling remains a key headwind for domestic equities, particularly as uncertainty over the Middle East continues to weigh on global risk appetite.'
Hariselvan Radhakrishnan, Founder & CEO of HST Wealth, a research analyst firm, added, 'Overnight global cues offer little conviction. Wall Street ended mixed, with technology stocks supporting the Nasdaq while the Dow closed lower. Brent crude has recovered to around $99 a barrel after briefly slipping below USD 98. The retreat in crude prices has eased some pressure on India’s inflation and external balances, but that relief remains vulnerable to renewed geopolitical escalation.'
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