Stock markets trade marginally higher after U.S. Fed rate hike; NSE IPO in focus
Indian stock markets showed marginal gains despite caution surrounding the U.S. Federal Reserve's recent interest rate hike. Meanwhile, the National Stock Exchange's major IPO has officially opened for subscription.
Why it matters
Global interest rate fluctuations significantly impact emerging market equities and foreign investment flows, making this a critical update for investors monitoring the Indian economy.
Market benchmark indices Sensex and Nifty were trading marginally higher in early trade on Thursday (September 17, 2026) as crude oil prices eased slightly from their recent highs, although caution prevailed after the U.S. Federal Reserve's rate hike and indications of further tightening.
Foreign fund outflows and muted trend in Asian markets also capped the gains in the domestic equities during initial trading.
The 30-share BSE Sensex advanced 86.49 points to 74,422.94 in early trade. The 50-share NSE Nifty was up 50.1 points to 23,267.70.
Among the 30 Sensex firms, Eternal, Bajaj Finance, Bharat Electronics, Mahindra & Mahindra, Bajaj Finserv and InterGlobe Aviation were among the gainers.
HCL Tech, HDFC Bank, Tata Consultancy Services, Infosys and Tech Mahindra were among the laggards.
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