Stock market today opened on a quiet note on Tuesday, September 17, with the S&P BSE SENSEX down by 45.70 points (0.06%) at 82,943.08, and the NIFTY50 index falling 21.15 points (0.08%) to 25,362.60. On the SENSEX, HUL gained over 1%, followed by Nestle India and Asian Paints, while Tata Motors led the losses, dropping by 2%.
Rate-sensitive sectors like BSE Realty and BSE Auto were also trading in the red as the two-day FOMC policy meeting began. Banking stocks mirrored the overall market trend, trading lower.
On the NSE, top gainers included Britannia, Divi’s Lab, Apollo Hospitals, LTI Mindtree, and Shriram Finance, while Tata Motors, Eicher Motors, HDFC Life, Adani Ports, and Maruti were among the biggest losers.
In the broader market, the BSE MidCap index slipped slightly by 0.03% to 49,231.98, while the BSE SmallCap index inched up by 0.03%, trading at 57,304.80 points. Market breadth leaned towards advances, with 1,430 stocks gaining and 1,233 declining on the BSE.
Among buzzing stocks, SpiceJet initially dropped over 5% following its ₹3,000 crore QIP launch but later recovered some ground. Carborundum Universal surged 5% after announcing its acquisition of Silicon Carbide Products, Inc USA for $6.66 million. Global markets remained cautious ahead of the Federal Reserve’s expected rate cut.
