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Market Pulse — 21 September 2026

The Sensex rose 564.03 points to 74,858.99 and the Nifty 50 67.90 points to 23,414.30 as Brent crude fell about 2% towards $101 a barrel, with pharma (+1.16%), realty (+1.14%) and FMCG (+0.95%) leading. The broader market lagged — Midcap 100 −0.29%, Smallcap 100 −0.07% — and FIIs sold a net ₹576.20 crore against DII buying of ₹2,797.30 crore. The National Stock Exchange's own IPO closed 5.68 times subscribed.

Benchmarks

Closing levels, 21 Sep 2026 · Source: NSE / BSE

Sensex
74,858.99
+564.03  ·  +0.76%
Nifty 50
23,414.30
+67.90  ·  +0.29%
Nifty Bank
56,470.65
+111.95  ·  +0.20%
Nifty Next 50
72,083.95
+58.55  ·  +0.08%
Nifty Midcap 100
62,013.10
-178.15  ·  -0.29%
Nifty Smallcap 100
19,861.50
-14.20  ·  -0.07%
Nifty Microcap 250
26,342.80
-37.90  ·  -0.14%
India VIX
11.26
-0.13  ·  -1.14%

Sectoral scorecard

NSE sectoral indices, ranked best to worst

IndexCloseChange%
Nifty Pharma 27,021.15 +311.05 +1.16%
Nifty Realty 853.85 +9.65 +1.14%
Nifty Healthcare 16,796.90 +183.00 +1.10%
Nifty FMCG 45,900.90 +434.10 +0.95%
Nifty Consumer Durables 38,207.30 +359.05 +0.95%
Nifty Oil & Gas 11,006.25 +57.55 +0.53%
Nifty Private Bank 27,370.10 +80.10 +0.29%
Nifty Bank 56,470.65 +111.95 +0.20%
Nifty Media 1,555.95 +2.20 +0.14%
Nifty Auto 27,151.10 +22.10 +0.08%
Nifty Financial Services 25,524.70 +14.70 +0.06%
Nifty PSU Bank 8,312.40 -5.15 -0.06%
Nifty IT 28,830.90 -23.65 -0.08%
Nifty Metal 12,972.70 -79.90 -0.61%

Movers

Nifty 50 constituents · prices from HDFC Sky's 3:30 PM table, 21 Sep 2026; names and percentages agree with the Kotak Neo and Upstox closing lists

Top gainers

SymbolLTP%
ETERNAL 335.90 +2.77%
HCLTECH 1,281.00 +2.54%
ITC 267.00 +1.79%
SUNPHARMA 1,868.90 +1.72%
RELIANCE 1,247.40 +1.71%

Top losers

SymbolLTP%
BHARTIARTL 1,832.00 -3.33%
ADANIPORTS 1,787.10 -2.02%
BAJFINANCE 1,021.30 -1.83%
POWERGRID 266.10 -1.55%
ADANIENT 2,975.00 -1.49%

BSE breadth for the session was marginally negative: 2,224 shares advanced, 2,232 declined and 250 were unchanged (Business Standard).

Midcap movers

Nifty Midcap 100 constituents · 21 Sep 2026

Top gainers

Stock%
Patanjali Foods +7.96%
Mankind Pharma +5.96%
LIC Housing Finance +3.62%
Info Edge +3.61%
ICICI Lombard +3.50%

Top losers

Stock%
Oracle Financial Services -8.28%
APL Apollo Tubes -3.92%
UPL -3.47%
Adani Total Gas -3.44%
Container Corporation -3.28%

Percentages as published in Upstox's closing movers list; closing prices were not carried and NSE's constituent-level feed could not be reached, so the price column is omitted.

Smallcap movers

Nifty Smallcap 100 constituents · 21 Sep 2026

Top gainers

Stock%
Jyoti CNC Automation +6.03%
Wockhardt +4.84%
Cohance Lifesciences +4.57%
Kaynes Technology India +3.84%
Aegis Logistics +3.84%

Top losers

Stock%
KFin Technologies -3.58%
RBL Bank -3.25%
Piramal Finance -3.23%
IFCI -3.18%
Ather Energy -2.87%

Percentages as published in Upstox's closing movers list. Individual figures can differ by a few basis points between publishers; Business Standard, for instance, carried Wockhardt at +4.93%.

Institutional flows

FII/FPI and DII activity in the cash segment

FII / FPI net
₹-576 cr
Bought ₹10,637.20 cr · Sold ₹11,213.40 cr
DII net
₹+2,797 cr

Cash-market figures for 21 Sep 2026 — NSE cash market, via 5paisa; nets independently confirmed by Craytheon. DII gross purchase and sales are not shown because the mirror's rounded figures do not reconcile to the net. Provisional exchange data.

Corporate & macro desk

What moved the tape and what the IR desks were announcing

  • Lower crude lifts the benchmarks — Brent fell 2.08% to $101.71 a barrel as supply worries eased and investors weighed the prospect of US–Iran talks, with US equity futures higher ahead of the Trump–Xi summit later in the week (Business Standard, PTI). The Sensex added 564.03 points and the Nifty 67.90.
  • Broader market and breadth lag — The Nifty Midcap 100 fell 0.29% and the Smallcap 100 0.07%, and BSE breadth was marginally negative at 2,224 advances to 2,232 declines. Metal (−0.61%), IT and PSU banks were the weak spots; pharma, realty, FMCG and consumer durables led.
  • NSE's own IPO closes 5.68 times subscribed — The ₹22,561.57 crore offer for sale drew 12.68 times on the QIB portion, 6.54 times from NIIs and 1.35 times from retail (HDFC Sky, 5:23 PM). Allotment is scheduled for 22 September and listing for 24 September. Sonaselection India closed at 2.01 times.
  • Core sector growth slows to 4.8% — Output of the eight core industries grew 4.8% in August, from a revised 5% in July, as coal contracted 3.8% and iron ore growth slowed to 5.5% from 29.5%; electricity rose 11.6% (Business Standard, released 21 September).
  • Contract announcements move mid- and small-caps — Tega Industries rose 9.66% after its subsidiary won a ₹126 crore domestic contract, Welspun Corp 3.93% after its associate EPIC signed a ₹2,000 crore Saudi Aramco steel-pipe contract, and GK Energy 5.55% on a battery-storage project award from Maharashtra (Business Standard).
  • FIIs back to selling — FIIs sold a net ₹576.20 crore in the cash segment, a session after turning buyers, while DIIs bought a net ₹2,797.30 crore. The rupee gained 15 paise to 95.81 to the dollar (PTI).

Corporate actions on the session

Dividends that went ex on 21 September 2026 · Source: NSE

CompanyEx-datePurposeRecord date
Maharashtra Scooters Limited (MAHSCOOTER) 21 Sep 2026 Interim dividend — Rs 160 per share 21 Sep 2026
Bajaj Holdings & Investment Limited (BAJAJHLDNG) 21 Sep 2026 Interim dividend — Rs 65 per share 21 Sep 2026
Monte Carlo Fashions Limited (MONTECARLO) 21 Sep 2026 Dividend — Rs 20 per share 21 Sep 2026
Dixon Technologies (India) Limited (DIXON) 21 Sep 2026 Dividend — Rs 10 per share 21 Sep 2026
Kajaria Ceramics Limited (KAJARIACER) 21 Sep 2026 Dividend — Rs 6 per share 21 Sep 2026
Maithan Alloys Limited (MAITHANALL) 21 Sep 2026 Dividend — Rs 6 per share 21 Sep 2026
Cybertech Systems And Software Limited (CYBERTECH) 21 Sep 2026 Dividend — Rs 4 per share 21 Sep 2026
Indo-National Limited (NIPPOBATRY) 21 Sep 2026 Dividend — Rs 3.75 per share 21 Sep 2026
Alicon Castalloy Limited (ALICON) 21 Sep 2026 Dividend — Rs 3 per share 21 Sep 2026
Apollo Sindoori Hotels Limited (APOLSINHOT) 21 Sep 2026 Dividend — Rs 3 per share 21 Sep 2026
GTPL Hathway Limited (GTPL) 21 Sep 2026 Dividend — Rs 2 per share 21 Sep 2026
PNB Gilts Limited (PNBGILTS) 21 Sep 2026 Dividend — Rs 2 per share 21 Sep 2026
Gujarat Apollo Industries Limited (GUJAPOLLO) 21 Sep 2026 Dividend — Rs 2 per share 21 Sep 2026
Container Corporation of India Limited (CONCOR) 21 Sep 2026 Dividend — Re 1 per share 21 Sep 2026
Veto Switchgears And Cables Limited (VETO) 21 Sep 2026 Dividend — Re 1 per share 21 Sep 2026

Board meetings & results calendar

Scheduled board meetings — the IR calendar for the days ahead

CompanyDatePurpose
Manba Finance Limited (MANBA) 22 Sep 2026Fund raising / other business matters
The India Cements Limited (INDIACEM) 17 Oct 2026Financial results
UltraTech Cement Limited (ULTRACEMCO) 19 Oct 2026Financial results
Infosys Limited (INFY) 23 Oct 2026Financial results / dividend
Coforge Limited (COFORGE) 23 Oct 2026Financial results
ABB India Limited (ABB) 13 Nov 2026Financial results

IPOs open now

Issues open for subscription during the 21 September session. Grey market premium as at 21 Sep 2026, 11:45 PM IST (IPO Ji); final subscription for NSE and Sonaselection as at the 21 Sep close (HDFC Sky).

Final day to bid on 22 Sep: Axiom Gas Engineering.

IssueGMPSub.Price (₹) Issue sizeLotOpen – close BoAListingAnchor
National Stock Exchange of India
Mainboard
₹68
+4.00%
5.68x 1,700 – 1,785 ₹22,561.57 cr 8 17 Sep
to 21 Sep
22 Sep 24 Sep —
Sonaselection India
Mainboard
₹0
+0.00%
2.01x 94 – 99 ₹141.57 cr 150 17 Sep
to 21 Sep
22 Sep 24 Sep —
SpectraA Technology Solutions
NSE SME
₹45
+38.00%
— 112 – 118 17 Sep
to 21 Sep
—
Axiom Gas Engineering
NSE SMECloses 22 Sep
— — 50 – 53 18 Sep
to 22 Sep
—
Robokidz Eduventures
BSE SME
₹28
+26.00%
— 100 – 106 21 Sep
to 23 Sep
—
FX Multitech
BSE SME
— — 110 – 116 21 Sep
to 23 Sep
—
Vivekanand Cotspin
BSE SME
— — 32 – 37 21 Sep
to 23 Sep
—

Grey market premium is an unofficial, unregulated and unverifiable indication of sentiment traded outside the exchanges. It is not a price, not a forecast, and carries no regulatory standing — it is published here for context only. GMP figures are taken in full from a single time-stamped tracker. A blank cell means the figure was not sourced for this edition, not that it is zero; NSE's official issue feed could not be reached, so subscription for the SME issues is not shown. NSE, Sonaselection and SpectraA closed on 21 September; Kheria Autocomp (SME) also closed that day. Manika Plastech listed on 21 September at ₹43.10, 0.23% above its issue price (Business Standard). Upcoming and not listed above: Varmora Granito (mainboard), Anand Seamless and Himalaya Nutravedics (22–24 Sep); Adroit Industries, Elevate Campuses and Swastika Infra (23–25 Sep).

Economic calendar

Data releases and policy events in the days ahead

DateEvent
28 Sep 2026 Index of Industrial Production (IIP) — India
30 Sep 2026 Sector-wise bank credit — India
30 Sep 2026 Government capital expenditure — India

Commodities, currency & global

US index cards show the Wall Street session of the same calendar day, Monday 21 September 2026, which closed after Indian hours (AP). Gold and silver are MCX futures (October gold, December silver) at the Indian close, via Kotak Neo; retail 24K and 22K reference rates diverged by about ₹5,000 per 10g between aggregators this morning and are omitted. Brent is as quoted at the rupee close (PTI).

Gold · MCX Oct (10g)
₹1,53,530
-0.55%
Silver · MCX Dec (1kg)
₹2,40,380
-0.51%
USD-INR
95.81
Rupee up 15 paise
Brent Crude
$101.71
-2.08%
India VIX
11.26
-1.14%
Dow Jones
52,048.83
▲ 366.19 (+0.7%)
S&P 500
7,764.70
▲ 114.20 (+1.5%)
Nasdaq Composite
27,122.09
▲ 599.55 (+2.3%)

What we are watching next session

  • Allotment for the National Stock Exchange and Sonaselection issues on 22 September, ahead of listing scheduled for 24 September.
  • Listings of Jindal Supreme, SS Retail and Hero Motors on 23 September.
  • Axiom Gas Engineering's final day on 22 September; Varmora Granito opens the same day, and Adroit Industries, Elevate Campuses and Swastika Infra on 23 September.
  • Crude and the Trump–Xi summit later in the week, after Monday's oil-led relief and a 2.3% rise in the Nasdaq overnight.
  • Manba Finance's board meeting on fund raising (22 September) and IIP data on 28 September.

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Disclaimer: This post is published by Samvaad Partners for information and market-awareness purposes only. It is a factual summary of publicly available exchange and market data and does not constitute investment advice, research analysis, or an offer or solicitation to buy or sell any security. Samvaad Partners is not a SEBI-registered research analyst or investment adviser. Figures are sourced from NSE, BSE and public news reports and may be provisional or subject to revision by the exchanges. Readers should verify data independently and consult a registered adviser before acting on any information. Samvaad Partners provides investor relations and communications services to listed companies, some of which may be referenced herein.

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