18 September,2026 05:01 PM IST | Mumbai | mid-day online correspondent
Representational Image. File pic.
The domestic equity benchmark equity indices ended on a mixed note for the second consecutive day on Friday as the easing in crude oil prices was offset by heavy selling in Tata Group stocks and IT stocks.
The 30-share BSE Sensex dipped 19.63 points, or 0.03 per cent, to settle at 74,294.96. The 50-share NSE Nifty extended its gains for the third straight, gaining 75.80 points, or 0.33 per cent, to end at 23,346.40.
"On the sectoral front, realty, energy and financial services were the key gainers, while IT, FMCG and auto remained the major laggards. The broader market outperformed, with the Nifty Small cap 100 gaining 1.74 per cent and the Nifty Midcap 100 rising 1.24 per cent, indicating strong buying interest beyond the frontline indices," Pabitro Mukherjee, Deputy Vice President Research, Bajaj Broking.
Among the Sensex firms, Adani Ports, Power Grid, HDFC Bank and Bharti Airtel were among the major winners. Tata Consultancy Services, Titan, Asian Paints, Maruti Suzuki, Tech Mahindra and Tata Steel were among the major laggards.
On Thursday, the Sensex slipped 21.86 points, or 0.03 per cent, to settle at 74,314.59, while the Nifty climbed 53 points, or 0.23 per cent, to end at 23,270.60.
Brent crude, the global oil benchmark, declined 1.35 per cent to USD 103.4 per barrel, according to news agency PTI.
"Indian equities extended their recovery as moderation in crude and global yields improved risk appetite, despite concerns around the continued geopolitical uncertainty. Investor sentiment was further supported by positive global cues following largely anticipated policy actions from major central banks," Vinod Nair, Head of Research, Geojit Investments said.
"The rebound was broad-based across sectors, although IT stocks declined amid profit booking, as concerns lingered that prolonged higher-interest-rate could weigh on global tech spending. While the recent moderation in oil prices and yields has provided near-term relief, the sustainability of the market recovery will depend on further easing of global macro risks and a meaningful revival in foreign investor inflows," he added.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,208.76 crore on Thursday. In contrast, Domestic Institutional Investors (DIIs) continued to provide support purchasing equities worth Rs 3,617 crore.
In Asian markets, South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended higher.
(With inputs from PTI)
