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EQUITY
Post Session: Quick Review
Sep-30-2026

Indian equity markets gave up their earlier gains and extended their losses for a third consecutive session on Wednesday, amid continued uncertainty over the lack of a US-Iran peace agreement. Traders were cautious as yields on longer-dated U.S. Treasurys rose, adding to their sharp moves to multi-year highs amid concerns over inflation and central bank monetary policy.

The BSE Sensex closed marginally below the neutral line amid selling pressure in heavyweight stocks. Meanwhile, the Nifty 50 ended nearly half a percent lower, weighed down by heavy selling in Pharma and Healthcare stocks, with Max Healthcare and Apollo Hospitals Enterprise among the key laggards. Sentiments remained subdued as continued selling by Foreign Institutional Investors (FIIs) further weighed on investor confidence.

Some of the important factors in trade:

Continued FIIs outflows: Traders remained cautious as exchange data showed foreign institutional investors continued their selling spree, offloading equities worth Rs 9,980.22 crore on Tuesday.

Sitharaman meets Qatari ministers, discusses investment treaty, FTA engagements: Traders overlooked Finance Minister Nirmala Sitharaman met Qatari ministers of finance and foreign trade and discussed completing the Bilateral Investment Treaty and engagement for a free trade agreement (FTA).

10 service sub-sectors record double-digit growth in July: Traders took note of the Index of Services Production (ISP) data showed that as many as 10 out of 19 service sub-sectors recorded double-digit growth in July. The ISP data, published on a trial basis, showed that 17 sub-sectors recorded positive growth in July.

On the global front: European stocks were trading mostly in red, ahead of the release of PCE-based inflation readings from the U.S. Asian markets closed mostly in green despite the negative cues from Wall Street overnight.

The BSE Sensex ended at 72480.29, down by 48.78 points or 0.07% after trading in a range of 72366.44 and 73062.23. There were 12 stocks advancing against 18 stocks declining on the index. (Provisional)

The gaining sectoral indices on the BSE were Realty up by 1.42%, Bankex up by 0.68%, Telecom up by 0.54%, Utilities up by 0.38% and Auto up by 0.19%, while Healthcare down by 2.35%, Consumer Durables down by 1.43%, Metal down by 1.24%, Basic Materials down by 0.54% and FMCG down by 0.35% were the losing indices on BSE. (Provisional)

The top gainers on the Sensex were Kotak Mahindra Bank up by 2.64%, ICICI Bank up by 2.41%, Interglobe Aviation up by 2.12%, Axis Bank up by 1.61% and TCS up by 1.14%. On the flip side, Eternal down by 2.55%, Sun Pharma down by 1.80%, Adani Ports and Special Economic Zone down by 1.65%, Titan Company down by 1.59% and Bajaj Finance down by 1.42% were the top losers. (Provisional)

Meanwhile, Narayan Sethuramon, chair of the Confederation of Indian Industry (CII) Trade Policy Council, has said that the implementation of the India-UK Free Trade Agreement (FTA) marks a great achievement in opening up markets and urged Indian businesses to capitalise on this ‘time-bound’ opportunity. 

During his UK and Europe tour last week, which coincided with the 12th anniversary of the Make in India initiative, Sethuramon highlighted the immense potential of the India-UK Comprehensive Economic and Trade Agreement (CETA), which entered its implementation phase in mid-July.  He said ‘it is very important that we all realise that this FTA opportunity is time-bound. It is not going to last forever.’ He said the government has done a great job by signing FTAs and opening international markets, but there's a need for industry also to respond at a certain pace and take advantage of the India-UK CETA norms.

The India-UK CETA was signed during Prime Minister Narendra Modi's UK visit in July 2025 and came into force on July 15, 2026. The FTA is expected to double the current annual bilateral trade levels of 47.9 billion pounds by FY30, unlocking substantial new opportunities for businesses in both markets through substantially lower or zero tariffs across major product segments.

The CNX Nifty ended at 22620.45, down by 95.75 points or 0.42% after trading in a range of 22595.20 and 22809.35. There were 17 stocks advancing against 32 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Kotak Mahindra Bank up by 2.71%, Interglobe Aviation up by 2.30%, ICICI Bank up by 2.28%, Ultratech Cement up by 1.17% and Shriram Finance up by 1.15%. On the flip side, Apollo Hospital Ent. down by 5.70%, Max Healthcare Inst. down by 5.33%, BSE down by 3.38%, Nestle India down by 2.65% and Sun Pharma. Inds. down by 2.60% were the top losers. (Provisional)

European markets were trading mostly in red; Germany’s DAX lost 23.61 points or 0.09% to 25,375.60 and France’s CAC fell 48.57 points or 0.6% to 7,987.30, while UK’s FTSE 100 increased 22.35 points or 0.21% to 10,659.06.

Asian markets settled mostly higher on Wednesday, despite overnight losses on Wall Street following ongoing Middle East tensions and elevated US Treasury yields that reached fresh multi-decade highs. China's Shanghai Composite Index rose as upbeat PMI data and fresh policy support strengthened confidence in China's economic outlook, while the country prepared for its annual National Day Golden Week holiday running from October 1 to 7, 2026. Moreover, Japanese market gained as technology shares led the rebound. Moreover, Japanese market gained as technology shares led the rebound.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,842.20

11.74

0.31

Hang Seng

24,613.27

89.70

0.37

Jakarta Composite

6,071.14

-50.56

-0.83

KLSE Composite

1,651.17

7.21

0.44

Nikkei 225

66,753.72

1,272.45

1.94

Straits Times

5,675.88

-38.96

-0.68

KOSPI Composite

6,838.04

-32.77

-0.48

Taiwan Weighted

47,940.13

308.17

0.65
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