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EQUITY
Post Session: Quick Review
Sep-21-2026

Indian equity markets ended higher on Monday, tracking mostly positive cues from other Asian markets as crude prices eased amid hopes that diplomatic efforts could help de-escalate tensions in West Asia. Traders took support from Foreign Institutional Investors (FIIs), who turned net buyers on September 18, 2026, after witnessing heavy selling in the previous few sessions, purchasing equities worth Rs 599.54 crore.

Both the Sensex and Nifty closed higher, maintaining a positive trend through the session as gains in heavyweight stocks lifted the benchmarks, with the Sensex outperforming the Nifty. However, weakness in Bharti Airtel, Power Grid and Infosys capped the overall gains.

Some of the important factors in trade:

India's exports to core BRICS nations surge 34% to $19.9 billion in April-August: Traders took support with commerce ministry’s data showed India's exports to China, South Africa, Brazil and Russia grew 34 per cent to $19.9 billion in April-August 2026-27, led by a 39 per cent jump in shipments to China, highlighting the growing importance of the BRICS bloc for India's export growth.

India-New Zealand trade pact to come into force on October 20: Some optimism came as India and New Zealand finalised the free trade agreement (FTA) which is set to come into force on October 20. Commerce and Industry Minister Piyush Goyal said that the agreement provides duty-free access for 100 per cent of Indian exports to New Zealand.

India’s software services exports show resilience; rise 8.2% in 2025-26: Traders got support after the Reserve Bank of India (RBI) in its latest survey on ‘Computer software and information technology enabled services exports: 2025-26’ has showed that India’s exports of software services (excluding their sales through overseas commercial presence) increased by 8.2 per cent (y-o-y) during 2025-26 to $221.4 billion.

On the global front: European stocks were trading higher, while Asian markets closed mostly in the green, as oil extended declines on hopes of a diplomatic path to de-escalate the U.S.-Iran war.

The BSE Sensex ended at 74858.99, up by 564.03 points or 0.76% after trading in a range of 74454.18 and 74987.40. There were 24 stocks advancing against 6 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Realty up by 1.71%, Consumer Durables up by 1.55%, Healthcare up by 1.12%, FMCG up by 1.07% and Energy up by 0.61%, while Telecom down by 1.56%, TECK down by 0.32%, Power down by 0.23%, Utilities down by 0.22% and Metal down by 0.11% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Ultratech Cement up by 4.04%, HCL Technologies up by 3.68%, Eternal up by 2.80%, Titan Company up by 2.18% and ITC up by 2.12%. On the flip side, Bharti Airtel down by 1.80%, Infosys down by 0.97%, Power Grid Corporation of India down by 0.70%, Tata Steel down by 0.51% and Adani Ports and Special Economic Zone down by 0.36% were the top losers. (Provisional)

Meanwhile, the commerce ministry said that the India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit and Cooperation to Control Unauthorised Trade was held in New Delhi, on September 16-September 17, 2026. The Indian delegation was led by Joint Secretary, Department of Commerce, Government of India, Ujjwal Kumar Ghosh, while the Nepali delegation was led by Joint Secretary, Ministry of Industry, Commerce and Supplies, Government of Nepal, Buddha Bahadur Gurung. Senior officials from the concerned Ministries and Departments of both countries participated in the meeting. The IGSC serves as an institutional mechanism for detailed examination of trade and trade-related issues and for facilitating bilateral trade and transit.

During the meeting, both sides reviewed a wide range of issues relating to market access, Customs and trade facilitation, standards, food safety, phytosanitary measures, pharmaceuticals, medical devices, AYUSH products, border infrastructure, rail and road connectivity and other trade-related matters. They discussed measures to facilitate greater market access for products of India and Nepal. Issues relating to agricultural products, dairy, food products, pharmaceuticals, medical devices and AYUSH products, along with standards and phytosanitary requirements, were considered.

The two sides also discussed strengthening Customs cooperation and trade facilitation, including pre-arrival exchange of information, electronic verification of Certificates of Origin, Customs automation and digitalisation. The discussions focused on facilitating legitimate trade while strengthening mechanisms to ensure compliance with applicable rules and prevent misuse of preferential trade arrangements. Transit and connectivity constituted an important part of the discussions. Both sides reviewed rail and road connectivity, movement of freight, Integrated Check Posts and land-port infrastructure.

The discussions also focused on improving the utilisation of existing infrastructure and addressing operational bottlenecks affecting bilateral and transit trade. India and Nepal also welcomed continued cooperation in standards, food safety, plant quarantine and conformity assessment, including institutional cooperation and capacity-building initiatives. Both sides emphasised the importance of continued cooperation between the relevant agencies to facilitate legitimate cross-border trade and address issues relating to unauthorised trade and commercial fraud. The discussions at the IGSC are expected to further strengthen bilateral trade, transit connectivity and economic cooperation between the two countries. 

The CNX Nifty ended at 23414.30, up by 67.90 points or 0.29% after trading in a range of 23314.80 and 23466.80. There were 30 stocks advancing against 20 stocks declining on the index. (Provisional)

The top gainers on Nifty were Eternal up by 2.77%, HCL Technologies up by 2.54%, ITC up by 1.79%, Sun Pharma up by 1.72% and Reliance Industries up by 1.71%. On the flip side, Bharti Airtel down by 3.33%, Adani Ports and Special Economic Zone down by 2.02%, Bajaj Finance down by 1.83%, Power Grid Corporation of India down by 1.55% and Adani Enterprises down by 1.49% were the top losers. (Provisional)

European markets were trading higher; Germany’s DAX gained 295.24 points or 1.17% to 25,599.30, France’s CAC rose 70.38 points or 0.87% to 8,135.40 and UK’s FTSE 100 increased 90.71 points or 0.85% to 10,749.84.

Asian markets ended mostly higher on Monday supported by strong AI-fuelled global demand for semiconductors and cooling crude oil prices amid hopes of a diplomatic path to de-escalate the US-Iran conflict. Chinese shares gained as the People’s Bank of China kept its benchmark lending rates unchanged for a 16th consecutive month at record lows. Market sentiments were also supported by positive signals from US-China trade talks ahead of a summit between US President Donald Trump and Chinese President Xi Jinping later this week. Meanwhile, trading volumes across the region remained notably thin as Japanese markets were closed for a three-day holiday weekend ending September 23.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,949.91

38.04

0.97

Hang Seng

25,042.71

291.93

1.18

Jakarta Composite

6,384.73

-56.43

-0.88

KLSE Composite

1,666.94

1.38

0.08

Nikkei 225

--

--

--

Straits Times

5,675.23

19.12

0.34

KOSPI Composite

7,007.72

113.49

1.65

Taiwan Weighted

47,718.84

538.09

1.14
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