India’s benchmark equity indices rallied on Wednesday, September 23, 2026, with the BSE Sensex gaining 299 points and the NSE Nifty rising 118 points, as falling oil prices and optimism over a de‑escalation in the West Asia conflict lifted risk sentiment.
The 30‑share BSE Sensex closed at 74,828.25, up 0.40%, after climbing as much as 444.66 points (0.59%) during the session, while the 50‑share NSE Nifty ended at 23,446.80, up 0.50%.
Among the Sensex constituents, heavyweights such as Tata Steel, Bajaj Finance, ITC, UltraTech Cement, Power Grid and Larsen & Toubro posted the strongest gains, whereas technology and consumer names including HCLTech, Infosys, Tata Consultancy Services, Titan and Mahindra & Mahindra lagged behind.
Brent crude edged higher by 0.35% to $99.60 a barrel, keeping global oil prices below the $100 mark, a level that market participants said helped curb inflation concerns and supported equity buying.
“Indian equity benchmarks closed higher on Wednesday, with broad‑based buying lifting the market as investors assessed signs of a possible de‑escalation in West Asia,” said Ponmudi R., CEO of Enrich Money. He added that the Asian Development Bank’s revision of India’s FY27 GDP growth forecast to 7% reinforced confidence in the economy’s momentum.
Regional markets reflected mixed sentiment: South Korea’s Kospi finished in positive territory, while China’s Shanghai Composite and Hong Kong’s Hang Seng slipped lower; Japanese markets were closed for a holiday and European exchanges traded mostly lower.
In the United States, markets ended mixed on Tuesday, September 22, after a stronger‑than‑expected September flash PMI signaled resilient economic activity without added inflationary pressure, according to Vinod Nair, head of research at Geojit Investments. Foreign Institutional Investors had sold Indian equities worth ₹3.81 billion on that day, contributing to a 329‑point decline in the Sensex and a 85‑point dip in the Nifty.