Sensex and Nifty close lower as IT and finance stocks pull markets down

Indian stock markets ended lower on Tuesday, September 22, 2026, even though global markets showed a positive trend and crude oil prices went down. The 30-share BSE Sensex fell 329.91 points, or 0.44 percent, to close at 74,529.08. During the day, it dropped as much as 435.28 points to 74,423.71. The 50-share NSE Nifty went down by 85.30 points, or 0.36 percent, to end the day at 23,329. Selling across IT, financials, and capital goods stocks put pressure on the domestic market. Major laggards among the 30 Sensex firms included Bajaj Finserv, Trent, Bajaj Finance, Sun Pharma, Tata Consultancy Services, and UltraTech Cement. On the other hand, the winners included Eternal, Interglobe Aviation, Titan, and Tata Steel. Ponmudi R., CEO of Enrich Money, an online trading and wealth tech firm, noted that domestic sentiment stayed weak despite a supportive global backdrop with falling crude prices and softer bond yields. Global oil benchmark Brent crude fell 1.67 percent to $98.66 per barrel. Asian markets like South Korea's Kospi, Shanghai's SSE Composite, and Hong Kong's Hang Seng ended slightly higher, while European markets traded in the positive zone and US markets closed higher on Monday. Foreign Institutional Investors sold equities worth ₹576.20 crore on Monday, as per exchange data. This followed a previous session on Monday where the Sensex had jumped 564.03 points to settle at 74,858.99 and the Nifty had risen to 23,414.30.