Overview
- Sensex rose 313 points to 82,693.71 and Nifty gained 91 points to 25,330.25 on September 17, marking a second straight advance.
- The U.S. Federal Reserve lowered rates by 25 bps in a move Chair Jerome Powell called a risk‑management cut, with GIFT Nifty indicating a higher open for Indian equities.
- High‑level negotiations in New Delhi led by U.S. trade official Brendan Lynch produced a joint pledge to intensify efforts toward an early, mutually beneficial trade agreement.
- Banks, IT and autos led gains, with State Bank of India, Reliance Industries, Kotak Mahindra Bank, Infosys and Bharat Electronics among the top contributors.
- Urban Company surged about 64% on debut, reinforcing sentiment as domestic institutions added support and foreign flows remained mixed across sessions.