Sensex Opens Slightly Higher

2026-09-17 04:43 By Jereli Escobar 1 min. read

India’s BSE Sensex edged up about 0.3% to 74,531 on Thursday, although the upside remained limited by a weaker rupee, elevated oil prices and caution over the Federal Reserve’s policy outlook.

Investors balanced high oil prices against easing supply concerns after Saudi Arabia offered additional cargoes.

The rupee remained under pressure, with traders watching the 96-per-dollar level as high oil prices and foreign outflows weighed on the currency.

Investors also assessed the Fed’s first rate hike in more than three years, to 3.75%-4.00%, with another increase signalled for later this year.

Focus remained on the $2.3 billion National Stock Exchange IPO, open through September 21 at 1,700-1,785 rupees per share, valuing the exchange at about $46 billion.

Information technology stocks fell the most, down about 0.4%, amid concerns over softer US demand for Indian software services, with eMudhra (-1.8%) and PB Fintech (-4.3%) declining, while Pine Labs (2.2%) and Netweb (0.3%) gained.



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Sensex Opens Slightly Higher
India’s BSE Sensex edged up about 0.3% to 74,531 on Thursday, although the upside remained limited by a weaker rupee, elevated oil prices and caution over the Federal Reserve’s policy outlook. Investors balanced high oil prices against easing supply concerns after Saudi Arabia offered additional cargoes. The rupee remained under pressure, with traders watching the 96-per-dollar level as high oil prices and foreign outflows weighed on the currency. Investors also assessed the Fed’s first rate hike in more than three years, to 3.75%-4.00%, with another increase signalled for later this year. Focus remained on the $2.3 billion National Stock Exchange IPO, open through September 21 at 1,700-1,785 rupees per share, valuing the exchange at about $46 billion. Information technology stocks fell the most, down about 0.4%, amid concerns over softer US demand for Indian software services, with eMudhra (-1.8%) and PB Fintech (-4.3%) declining, while Pine Labs (2.2%) and Netweb (0.3%) gained.
2026-09-17
Sensex Finishes on Higher Note
India’s BSE Sensex closed about 0.5% up at 74,336.45 on Wednesday, recovering from a two-day slide, amid some relief from easing oil prices despite elevated geopolitical uncertainty. Meanwhile, caution prevailed amid continued foreign fund outflows and ahead of the Fed’s decision, with the expected 25 bps rate hike putting pressure on Indian assets. Gains were led by banks and payment firms after the government announced the introduction of the first-ever Merchant Discount Rate (MDR) on certain UPI transactions. State-owned SBI (2.2%), Axis Bank (1.9%), Kotak Mahindra Bank (1.3%), HDFC Bank (0.8%) and ICICI Bank (0.5%) all advanced. FMCG stocks and other heavyweight stocks also gained. ITC climbed 2.5% following reports that the diversified conglomerate had raised cigarette prices again, a key earnings driver for the company. On the flip side, TCS (-2.6%), Infosys (-1.4%), Tech Mahindra (-1.3%), Bajaj Finserv (-1%) and NTPC (-0.9%) posted the biggest losses.
2026-09-16
The SENSEX Index Closes 0.45% Higher
The SENSEX Index gained 333 points or 0.45 percent on Wednesday to close at 74336 points. Gains were led by ITC (2.62%), Axis Bank (1.71%) and Nestle India (1.63%). Biggest losers were Tata Consultancy (-3.02%), Infosys (-1.80%) and Tech Mahindra (-1.77%).
2026-09-16