17 September,2026 05:18 PM IST | Mumbai | mid-day online correspondent
Representational Image. File pic.
The domestic benchmark indices ended on a mixed note on Thursday amid easing in crude oil prices, global uncertainties and US Federal Reserve rate hike.
"Indian benchmark indices remained in a range throughout the session, with volatility elevated amid the weekly Sensex expiry. Investors continued to digest the previous day's US Federal Reserve rate decision, while persistent geopolitical concerns and elevated crude oil prices remained key overhangs on market sentiment. Despite the volatility, the Nifty managed to hold a positive bias, while the Sensex ended marginally lower," Pabitro Mukherjee, Deputy Vice President Research, Bajaj Broking said.
Paring its gains, the 30-share BSE Sensex slipped 21.86 points, or 0.03 per cent, to settle at 74,314.59.
The 50-share NSE Nifty climbed 53 points, or 0.23 per cent, at 23,270.60.
"Technically, the market is currently witnessing range-bound activity, and intraday patterns suggest that the pullback formation is likely to continue in the near future," Shrikant Chouhan, Head Equity Research, Kotak Securities said.
Among the 30 Sensex firms, Tata Steel, Bharat Electronics, InterGlobe Aviation, Eternal, Maruti and Asian Paints were among the gainers. HDFC Bank, Titan, ICICI Bank, State Bank of India, Bharti Airtel and Axis Bank were the major laggards.
"Mid- and small-cap stocks continued to outperform as investors favored companies with strong earnings visibility, solid order books, and healthy balance sheets, particularly in the capital goods, industrial, defence, power, and healthcare sectors," Vinod Nair, Head of Research, Geojit Investments said.
On Wednesday, the Sensex gained 332.63 points, or 0.45 per cent, to settle at 74,336.45. The Nifty advanced 99 points, or 0.43 per cent, to end at 23,217.60.
In Asian markets, Japan's Nikkei 225 index ended higher, while South Korea's Kospi, Shanghai's SSE Composite index and Hong Kong's Hang Seng index settled lower.
Brent crude, the global oil benchmark, declined 1.61 per cent to USD 104.1 per barrel, according to news agency PTI. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,032.61 crore on Wednesday.
"Investor sentiment is likely to stay cautious amid concerns over a possible broader rate-tightening cycle, driven by ongoing Middle East tensions and the risk of US tariff," Nair said.
(With inputs from PTI)
