Archive · 23 Sep 2026
Indian Stocks Rebound as Lower Crude Offsets Foreign Selling
Indian share prices went up early Wednesday after falling the previous day.
The Sensex and Nifty, two important stock market measures, both gained ground.
Oil prices became cheaper, which can help India because it imports energy.
However, foreign investors continued selling Indian shares.
This selling made it harder for the market to rise strongly.
Experts also warned that uncertainty in the Middle East could hurt investor confidence.
Some companies, including Bajaj Finance and Tata Steel, gained value.
Other companies, including TCS and Infosys, lost value.
The Sensex rose 283.66 points to 74,812.74 in early trade.
The Nifty gained 85.55 points to reach 23,414.55.
Lower Brent crude prices provided relief for India’s imported-energy costs.
Foreign Institutional Investors sold equities worth Rs 3,809.99 crore on Tuesday.
Bajaj Finance and Tata Steel gained, while TCS and Infosys declined.
- Who
- Indian benchmark indices, domestic companies, foreign investors and market analysts were involved.
- What
- The Sensex and Nifty rebounded in early trade, supported by lower crude prices but limited by foreign selling.
- When
- Wednesday morning; the previous session ended Tuesday.
- Where
- Indian stock exchanges, with global market cues from Asia and the United States.
- Why
- Lower crude prices offered macroeconomic relief, while foreign selling and Middle East uncertainty weighed on investor sentiment.
Market Support
Market Risks
Impact of crude prices
Market Support
Lower crude prices could ease pressure on India’s inflation, external balances and broader macroeconomic conditions.
Market Risks
The improvement could be temporary if geopolitical escalation pushes crude prices higher again.
Investor sentiment
Market Support
Positive movements in some Asian markets and lower oil prices supported the early rebound.
Market Risks
Continued FII selling, mixed global markets and Middle East uncertainty limited gains and reduced conviction.
- Sensex early gain
- 283.66 points, reaching 74,812.74
- Nifty early gain
- 85.55 points, reaching 23,414.55
- Brent crude
- Down 0.97% at USD 98.29 per barrel
- Foreign investor sales
- FIIs sold equities worth Rs 3,809.99 crore on Tuesday
- Previous Sensex close
- Down 329.91 points, or 0.44%, to 74,529.08
- Previous Nifty close
- Down 85.30 points, or 0.36%, to 23,329