Stock markets rebound amid easing crude oil prices; Sensex up 299 points
Indian stock markets, Sensex and Nifty, rebounded on Wednesday, driven by easing crude oil prices and hopes of de-escalation in the West Asia conflict. Positive domestic sentiment was further bolstered by the Asian Development Bank raising India's FY27 GDP growth forecast to 7%.
Why it matters
This rebound indicates investor confidence in the Indian economy and global stability, potentially signaling a positive outlook for financial markets and economic growth. Easing oil prices also have broader implications for inflation and consumer spending.
Benchmark indices Sensex and Nifty rebounded on Wednesday (September 23, 2026) amid easing crude oil prices, which remained below $100 per barrel, and hopes of a possible de-escalation in the West Asia conflict.
The 30-share BSE Sensex climbed 299.17 points, or 0.40%, to settle at 74,828.25. During the day, it jumped 444.66 points, or 0.59%, to 74,973.74.
The 50-share NSE Nifty was up 117.80 points, or 0.50%, to end at 23,446.80.
Among the 30 Sensex firms, Tata Steel, Bajaj Finance, ITC, UltraTech Cement, Power Grid and Larsen & Toubro were the major winners.
HCLTech, Infosys, Tata Consultancy Services, Titan and Mahindra & Mahindra were among the laggards.
Brent crude, the global oil benchmark, edged up 0.35% to $99.60 per barrel.
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