On Monday, September 21, the SENSEX rose as much as 692 points, while the NIFTY50 index touched an intraday high of 23,467. The gains were led by heavyweights such as HDFC Bank, Reliance Industries, Eternal, Larsen & Toubro, Ultratech Cement and ITC. The SENSEX closed 564 points higher at 74,859, and the NIFTY50 closed 106 points higher at 23,452. Investor sentiment turned positive as Brent crude futures fell 2.6% to an intraday low of $101 per barrel, signalling a recovery in Saudi Arabian crude shipments.

Twelve of the fifteen major sector gauges compiled by the National Stock Exchange ended higher, led by the NIFTY Pharma index’s 1.16% gain. The NIFTY Realty, Healthcare, FMCG, Consumer Durables and Oil & Gas indices also rose between 0.5% and 1.15%. Metal, select IT and PSU bank shares faced selling pressure, while the NIFTY Midcap 100 index declined 0.3% and the NIFTY Smallcap 100 index slipped 0.07%. The overall market breadth was neutral, with 1,735 shares ending higher and 1,858 closing lower on the NSE.

Patanjali Foods rose as much as 10%, its biggest single‑day move in a year, to an intraday high of ₹399.40 on the BSE after its CEO Sanjeev Asthana said the company continues to see healthy urban demand, while higher input costs and the rural slowdown remain key factors to watch. Tega Industries shares surged 10% to hit their 52‑week high of ₹2,149 after securing a ₹126 crore order from Kalpataru Projects International, covering design, engineering, manufacture, inspection, transportation and supply of equipment, along with supervision of erection, testing, commissioning and performance guarantee demonstration. Marine Electricals shares rallied around 8% as investors reacted to the company’s latest capacity expansion update with the launch of its new manufacturing facility in Goa.

Eternal was the top gainer in the NIFTY50 index, rising 2.77% to ₹335. HCL Technologies, ITC, Sun Pharma, Reliance Industries, Max Healthcare, Titan, HDFC Life and SBI Life also rose between 1.5% and 2.5%. On the flip side, Bharti Airtel, Adani Ports, Bajaj Finance, Power Grid, Adani Enterprises, Wipro, Grasim, Infosys, Tata Steel and Tata Motors PV were the top losers in the NIFTY50 index.

Brent crude futures declined 2.6% to an intraday low of $101 per barrel, a move that benefited the Indian economy by potentially lowering import bills and curbing inflation, analysts noted. The price drop came amid signs of a recovery in Saudi Arabian crude shipments, even as attacks by Yemen’s Iran‑backed Houthis added to tensions in the Middle East and the US and Iran remained locked in a stalemate, Times of India reported today. report.

The broader markets ended on a subdued note, with the NIFTY Midcap 100 index declining 0.3% and the NIFTY Smallcap 100 index slipping 0.07%. Overall market breadth was neutral, as 1,735 shares ended higher while 1,858 closed lower on the NSE. The article is written purely for informational purposes and should not be considered investment advice; securities mentioned are illustrative and not recommendations. Readers are advised to consult a financial adviser before making any investment decisions.