Indian equity markets showed positive momentum with the S&P BSE Sensex jumping 443.60 points or 0.60% to 74,738.56 and the Nifty 50 index rising 46.20 points or 0.20% to 23,394.00 as of 11:30 IST on September 21, 2026. According to reports from Business Standard, the broader market indices also participated in the rally, with the BSE 150 MidCap Index adding 0.07% and the BSE 250 SmallCap Index rising 0.12%. Market breadth remained positive with 2,082 shares rising and 2,018 shares falling on the BSE, while 278 shares remained unchanged.
The Nifty FMCG index emerged as the top performer, rising 1.06% to 45,947.25, recovering from its previous session's 0.23% decline. As reported by Business Standard, Patanjali Foods led the gains with a 4.71% surge, followed by Marico at 2.62%, Emami at 1.86%, United Spirits at 1.58%, Tata Consumer Products at 1.48%, ITC at 1.45%, Varun Beverages at 1.36%, Hindustan Unilever at 1.1%, Godrej Consumer Products at 0.36%, and Britannia Industries at 0.16%.
NSE received bids for 14,00,73,400 shares against 8,86,42,911 shares on offer, achieving a subscription of 1.58 times as of 11:03 IST on September 21, 2026. According to stock exchange data reported by Business Standard, the IPO opened for bidding on September 17, 2026, and will close on September 21, 2026, with a price band fixed between ₹1,700 and ₹1,785 per share. Sonaselection India received bids for 1,19,57,550 shares against 1,00,10,000 shares on offer, achieving a subscription of 1.19 times as of 11:09 IST. The Sonaselection IPO also opened on September 17, 2026, with a price band between ₹94 and ₹99 per share.
Dow Jones futures were up 205 points on Monday as investors assessed developments ahead of US President Donald Trump's meeting with Chinese President Xi Jinping in Washington later this week. According to Business Standard, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held preparatory talks in New York over the weekend, covering trade, tariffs, critical minerals and artificial intelligence. The discussions also included a proposed mechanism for notifying each other about AI incidents with potential national security implications. Brent crude fell below $104 a barrel as investors focused on signs of recovery in Saudi oil shipments, with Saudi Arabia seeking to restore flows through its East-West pipeline after recent attacks.
