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Tuesday, September 22, 2026

Gigantum.net
Business

Stock market today: BSE Sensex jumps over 100 points in opening trade, Nifty 50 trades above 24,400

The near-term market landscape is likely to remain sensitive to developments in oil supply, interest-rate expectations and geopolitical negotiations.

· 700 words· updated September 22, 2026 at 12:40 AM

Stock market today: Top stocks to buy on September 22 LIC Housing Finance, Supreme Industries, Hitachi Energy India, and Dr Reddy's Laboratories - these are the top stocks to buy on September 22, 2026 as recommended by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan on September 8, 2026..Stock market today: Asian indices inch higher as traders await potential US-Iran meet Asian equities moved higher across several major markets, with investors tracking the decline in oil prices and expectations of diplomatic progress on the Iran war around the week's UN meeting. The Hang Seng rose 0.70% to 25,217.40, while Japan's Nikkei gained 1.38% to 65,018.95. Taiwan's index advanced 1.28% to 48,330.46 and South Korea's KOSPI climbed 1.80% to 7,133.97. China's Shanghai Composite rose 0.37% to 3,964.421, while the Shenzhen index gained 0.98% to 13,864.658. Malaysia advanced 0.49% and Singapore's STI rose 0.38%. Australia's ASX 200 gained 0.17%, while New Zealand's NZX 50 slipped 0.01%. .Stock market today: US rate expectations remain in focus after Fed move US interest-rate expectations remained a key factor in the global market backdrop after the Federal Reserve raised rates the previous week. Traders were pricing in a 55% chance of a rate hike at the Fed's next meeting in October, up from 42.5% a week earlier, according to the CME FedWatch tool. Analysts at ING said the scope to maintain pricing for a more hawkish Fed after the September FOMC remained an argument for further US dollar gains. ING also said it expected both the European Central Bank and the Federal Reserve to hike rates in December. The outlook for global benchmark rates was also reflected in dollar-rupee forward premiums, with traders assessing whether India would follow the global trend of higher benchmark rates as central banks continued to grapple with inflation..Stock market today: Gold slips while silver trades at Rs 2.40 lakh per kg Gold prices declined 0.61% to Rs 1,53,436 per 10 grams for 24-karat gold, while silver was trading at Rs 2,40,200 per kg. The movement in precious metals came alongside broader shifts in financial markets, including changes in oil prices, currencies and expectations around interest rates. The commodity market was also tracking the easing in crude prices, with Brent moving below the $102-per-barrel mark. Within equities, the decline in oil prices was among the factors supporting investor sentiment. The broader market environment also included expectations around global central-bank rates, with traders assessing the possibility of further rate moves after the US Federal Reserve's latest rate increase..Stock market today: All eyes on rupee after currency held strong against US dollar Rupee ended marginally stronger at 95.8150 per dollar, compared with 95.8725 in the previous session. The currency moved within a narrow range, with lower oil prices and portfolio inflows providing support, while sustained importer hedging demand limited the gains. Inflows linked to the National Stock Exchange of India's IPO also supported rupee, according to traders, while dollar bids from importers, including local oil refiners, kept its appreciation in check. Asian currencies remained mostly range-bound, while regional equities advanced following a 2% decline in oil prices and expectations of diplomatic progress on the Iran war around the UN meeting. Dollar-rupee forward premiums also eased, with the August 2027 month-end premium down 6 paise to Rs 2.94. Market participants were assessing expectations around India's interest-rate trajectory..Stock market today: Equities closed previous session higher as crude fell; Sensex ended 564 points up Indian benchmark indices ended the previous session in green, with Nifty 50 rising 67.90 points, or 0.29%, to 23,414.30, while BSE Sensex gained 564.03 points, or 0.76%, to close at 74,858.99. Easing crude oil prices, lower bond yields and hopes of diplomatic engagement supported investor sentiment. Geojit Investments' head of research Vinod Nair said that improving sentiment ahead of the US-China talks and renewed hopes of diplomatic engagement between the US and Iran at the UN, along with declining oil prices and bond yields, provided relief to investors. He also said the earnings cycle appeared to be turning positive, while relatively attractive valuations in select market pockets supported a constructive medium-term outlook for equities. Nair noted that geopolitical developments and interest-rate expectations remained key variables for market direction in the near term.

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