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Full issue · 2026-09-18

Market Pulse: 18 September 2026 - Pre-Market Update

Market snapshot

Nifty 5023,270.60+0.23%
Sensex74,314.59-0.03%
Bank Nifty56,055.75-0.42%

Previous close · 17 Sept 2026 · Nifty is trading at the 23rd percentile of its range over the last 252 sessions.

In the previous session, the Indian markets saw a modest move with a broad breadth as investors digested the implications of a potential rate hike by the RBI, influenced by the US Federal Reserve's recent tightening. The energy sector faced significant pressure due to escalating tensions in the Middle East, particularly the Saudi-Houthi conflict, which threatens to disrupt oil supplies and increase prices. Additionally, financial stocks experienced modest gains amid expectations of rising interest rates impacting borrowing costs.

The big story

RBI rate hike imminent? Fed's move pressures India to tighten monetary policy amid rising inflation

Fed's rate hike pressures India to consider monetary tightening.

News

Prime Minister Narendra Modi has positioned India as a potential global hub for chip manufacturing, highlighting the country's efforts to attract investments in the semiconductor sector.
The International Trade Minister is set to visit India and the Philippines for discussions, aiming to strengthen trade relations and explore new opportunities.
The National Stock Exchange IPO has reached 44% subscription on its second day, with a grey market premium indicating positive investor sentiment.
Brookfield has announced plans to invest up to $600 million in India's ACME green fuels business, marking a significant commitment to renewable energy in the country.
VVDN Technologies is preparing for an IPO valued between ₹4,000-5,000 crore, as India's public-market fundraising activity gains momentum.

Stocks Updates

Railtel Corporation Of India: received a ₹63.2 crore order from Prasar Bharti for additional features on the WAVES OTT platform, to be executed by February 11, 2029.
Reliance Industries: allotted NCDs worth ₹12,000 crore, at a 7.47% coupon.
Bharat Electronics: received orders worth ₹648 crore.
Aavas Financiers: re-appointed Mr. Nikhil Omprakash Gahrotra and Mrs. Neha Sureka as Non-Executive Nominee Directors, and appointed Mr. Vivek Anant Karve and Mr. Vellur Gopalaraghavan Kannan as Independent Directors.
Kalpataru Projects International: approved the prospectus for the IPO of Linjemontage I Grästorp AB, selling up to 30.19% equity share capital.
Solar Industries India: confirmed the fulfilment of payment obligation for commercial paper issued on June 19, 2026.

FII / DII activity

FIISold ₹3,208.76 Cr
DIIBought ₹3,617.75 Cr

FIIs sold ₹3,208.76 Cr, DIIs bought ₹3,617.75 Cr. DIIs providing support against heavy FII selling.

Market breadth

Nifty 500

Advances357
Declines143
A/D ratio2.50
AdvancesDeclines

Broad participation across Nifty 500

Sector performance

12 NSE sector indices, previous close

Pharma+1.66%
Realty+1.45%
Media+1.19%
Auto+0.99%
Metal+0.94%
Infra+0.68%
Energy+0.53%
IT+0.23%
Fin Services+0.22%
FMCG+0.03%
PSU Bank-0.16%
Bank-0.42%

Leaders: Pharma, Realty · Laggards: Bank, PSU Bank

Top gainers and losers

Gainers

HDFCLIFE₹557.00+5.05%
BHEL₹429.20+4.53%
TMPV₹314.50+4.49%
MFSL₹1,554.00+4.46%
ICICIPRULI₹490.50+4.36%

Losers

POLICYBZR₹1,765.00-3.40%
PATANJALI₹354.45-2.89%
PNBHOUSING₹1,103.50-2.69%
FEDERALBNK₹332.75-2.65%
PREMIERENE₹880.00-2.11%

Commodities & forex

🪙 Gold (10g)₹1,53,048.00+0.04%
🥈 Silver (1kg)₹2,38,195.00+1.45%
USD/INR96.13+0.15%

Global cues

S&P 5007,637.76+1.14%
Nasdaq26,418.30+1.69%
S&P 500 futures7,556.50-0.43%
Nasdaq futures28,963.50+0.03%
The S&P 500 and Nasdaq posted their biggest gains in six weeks, according to the Wall Street Journal.
Dow Jones futures fell after the S&P 500 and Nasdaq rebounded above key levels, with Moderna, AMD, and SpaceX flashing buy signals, as reported by Investor's Business Daily.
A drop in oil prices helped alleviate inflationary concerns, leading the S&P 500, Nasdaq, and Dow to end higher, Yahoo Finance reports.
Wall Street bounced back from a three-day sell-off as yields retreated following the Fed's rate hike, according to Yahoo Finance.
Treasury yields moved lower after the Fed initiated its rate hiking cycle, CNBC reports.

Technical levels

Nifty support23,188.32 / 23,106.03
Nifty resistance23,358.22 / 23,445.83
Bank Nifty support55,872.68
Bank Nifty resistance56,404.63

Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.

Corporate actions

Upcoming dividends

Cochin Shipyard
Dividend ₹1.50/sh · ex 18 Sep
Anupam Rasayan India
Dividend ₹1.50/sh · ex 18 Sep
Emmvee Photovoltaic Power
Dividend ₹1.00/sh · ex 18 Sep

Earnings calendar

TOYAM SPORTS18 Sep

Term of the day

Mainboard IPO

A mainboard IPO lists a company on the primary boards of NSE or BSE under full IPO regulations.