shriram Logo




Market snaps 4-day winning streak
Sep 22 2026 4:45PM
Indian equity indices snapped their four-day winning streak and ended below the 23,350 mark in a volatile session on September 22, dragged by selling in Information Technology, PSU Bank and oil & gas stocks.


The market opened higher on supportive global cues but came under pressure in the initial hours, with the Nifty hitting a day's low of 23,285.75. A fifth consecutive day fall in Brent crude prices, which slipped below $100 a barrel, offered some relief, but the benchmarks remained in negative territory and closed lower.

At close, the Sensex was down 329.91 points or 0.44 percent at 74,529.08, and the Nifty was down 85.30 points or 0.36 percent at 23,329.

Broader markets also ended lower, with the Nifty Midcap 100 and Smallcap 100 indices closing marginally down.

Biggest Nifty losers were Tata Consumer Products, Bajaj Finserv, Nestle, Bajaj Finance, Grasim Industries, while gainers included Coal India, Interglobe Aviation, Eternal, Titan Company and Dr Reddy's Labs.

On the sectoral front, Media index rose 1%, and Realty index added 0.9%, while IT index shed nearly 1% and FMCG, PSU Bank, Pharma, Oil & Gas down 0.5% each.

More than 160 stocks touched 52-week high, including JSW Infra, Syrma SGS, Welspun Living, Engineers India, Shyam Metalics, Welspun Corp, Apar Industries, Laurus Labs, Ipca Labs, ACME Solar, Aegis Vopak and Aegis Logistics, among others.

Nearly 100 stocks touched 52-week low, including Gujarat Energy, Tata Elxsi, Voltas, P&G Hygiene, KPIT Technologies, United Breweries, Wipro, IRB Infra, Kama Holdings, Aditya Birla Lifestyle Brands, among others.