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Sensex Rises 139 Points, Nifty Above 23,350 on Global Cues, Easing Oil Prices
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News18•23-09-2026, 09:22
Sensex Rises 139 Points, Nifty Above 23,350 on Global Cues, Easing Oil Prices
- •Indian equity markets opened higher, with Sensex up 139.36 points to 74,668.44 and Nifty at 23,365.75, tracking positive global cues and easing crude oil prices.
- •Broader markets also saw gains, with Nifty Next 50, Nifty Midcap 100, and Nifty Smallcap 100 all advancing.
- •Asian equities showed a positive bias, with South Korea's KOSPI gaining over 1%, while Brent crude dipped below $100 a barrel.
- •Softer crude prices offer macroeconomic relief for India, but foreign investor selling and Middle East uncertainty remain key risks.
- •Sectoral trends were mixed; Nifty Metal, PSU Bank, and Realty performed strongly, while Nifty IT, Media, and Pharma declined.
Key Questions Answered
The domestic equity markets opened higher on Wednesday, September 23, 2026, tracking positive global cues and easing crude oil prices. At 9:16 am, the Sensex rose 139.36 points to 74,668.44, while the Nifty was trading at 23,365.75, up 0.16%.
High crude oil prices and elevated bond yields are acting as key factors constraining a broader market rally. While Brent crude has dipped below $99, high inflation in developed countries keeps US bond yields elevated.
Sectoral trends were mixed in early trade on September 23, 2026, with Nifty Metal leading the stronger performers by rising 0.87%. Nifty PSU Bank gained 0.44% and Nifty Realty advanced 0.46%, while Nifty IT and Nifty Pharma slipped.
