Stock markets close flat after U.S. Fed rate hike; NSE IPO in focus
Indian stock markets closed flat as investors reacted to the U.S. Federal Reserve's interest rate hike and ongoing foreign selling. Meanwhile, the National Stock Exchange of India's IPO saw significant initial subscription interest.
Why it matters
Global monetary policy shifts continue to influence emerging market volatility and investor sentiment in India.
Benchmark indices Sensex and Nifty closed nearly flat on Thursday (September 17, 2026) as caution prevailed after the U.S. Federal Reserve increased its interest rates and indicated further tightening in monetary policy.
Giving up intraday gains, the 30-share BSE Sensex dipped 21.86 points, or 0.03%, to settle at 74,314.59. During the day, it climbed 341.11 points, or 0.45%, to 74,677.56.
The 50-share NSE Nifty closed marginally up 53 points, or 0.23%, at 23,270.60.
Among the 30 Sensex firms, HDFC Bank, Titan, ICICI Bank, State Bank of India, Bharti Airtel and Axis Bank were the major laggards.
Tata Steel, Bharat Electronics, InterGlobe Aviation, Eternal, Maruti and Asian Paints were among the gainers.
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