Archive · 17 Sep 2026
Sensex Slips as Nifty Rises; Tata Stocks Gain
India’s stock market had a mixed day.
The Sensex went down slightly, but the Nifty finished higher.
Many Tata Group companies saw their share prices rise.
Investors reacted positively after N Chandrasekaran was given another five-year term as chairman of Tata Sons.
Pharma, real estate, and automobile companies also performed relatively well.
Banking and FMCG shares were weaker.
Experts said investors remained careful because interest rates, oil prices, foreign selling, and global tensions could affect markets.
They said the Nifty is still in a generally weak pattern, with 23,000 an important level to watch.
The Sensex slipped while the Nifty settled higher after a volatile session.
Tata Group shares gained following N Chandrasekaran’s reappointment as Tata Sons chairman for another five-year term.
Tata Chemicals rose 5.86%, Tata Investment Corporation climbed 5.47%, and Tata Motors Passenger Vehicles advanced 4.58%.
Pharma, realty, auto, and several mid- and small-cap stocks outperformed, while banking and FMCG stocks lagged.
Analysts cited global rate concerns, elevated crude prices, foreign selling, Middle East tensions, and tariff risks as market uncertainties.
- Who
- Indian stock-market investors, Tata Group companies, N Chandrasekaran, and market analysts.
- What
- The Sensex slipped while the Nifty finished higher, with several Tata stocks posting gains after Chandrasekaran’s reappointment.
- When
- Thursday, during the reported trading session.
- Where
- India’s equity markets.
- Why
- Tata shares gained after Chandrasekaran’s reappointment, while broader trading was influenced by the US Federal Reserve’s rate hike, crude prices, foreign selling, and global economic and geopolitical concerns.
- Tata Sons leadership
- N Chandrasekaran was reappointed chairman for a further five-year term.
- Top Tata gainer
- Tata Chemicals rose 5.86%.
- Other major gainers
- Tata Investment Corporation gained 5.47%, Tata Motors Passenger Vehicles rose 4.58%, and Tata Motors advanced 2.88%.
- Sector performance
- Pharma, realty, and auto stocks were among the stronger performers; banking and FMCG lagged.
- Global rate decision
- The US Federal Reserve raised rates by 25 basis points.
- Crude prices
- Brent crude remained above $104 per barrel during the session.
- Nifty levels
- Analysts identified 23,000–23,120 as support and 23,370–23,500 as resistance.