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Stock Markets Rebound as Crude Oil Prices Ease, Foreign Investor Selling Remains Headwind
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News18•23-09-2026, 10:00
Stock Markets Rebound as Crude Oil Prices Ease, Foreign Investor Selling Remains Headwind
- •Sensex climbed 283.66 points to 74,812.74 and Nifty rose 85.55 points to 23,414.55 in early trade.
- •Easing crude oil prices offer relief for India's macroeconomic front due to its import dependence.
- •Brent crude traded 0.97% lower at USD 98.29 per barrel, moderating inflation and external balance pressures.
- •Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,809.99 crore on Tuesday, posing a challenge.
- •Bajaj Finance, Tata Steel, and UltraTech Cement were among the top gainers, while TCS and HDFC Bank lagged.
Key Questions Answered
The 30-share BSE Sensex climbed 283.66 points to reach 74,812.74, while the 50-share NSE Nifty went up by 85.55 points to 23,414.55 in early trade.
Benchmark indices rebounded amid easing crude oil prices, with global oil benchmark Brent crude trading 0.97 per cent lower at USD 98.29 per barrel.
Continued selling by Foreign Institutional Investors remained a key headwind, with FIIs having offloaded equities worth Rs 3,809.99 crore on the preceding Tuesday.
