Stock Market LIVE: Sensex gains 300 pts, Nifty above 23,400; Nifty IT jumps over 3%
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.07 per cent and 0.13 per cent, respectively
On September 15, 2026, the Sensex and Nifty indices experienced a decline, breaking below key support levels. Both indices fell over 2 percent each week. The Nifty Bank index saw a 1.33 percent drop. The retail inflation rose to 4.82 percent in August from 4.45 percent in July, marking an eight-month high and the highest reading under the new CPI series, which is based on 2024 as the base year.
Food inflation, the primary contributor to this rise, increased to 5.95 percent from 5.52 percent in July, propelled by higher prices for sugar, onions, ginger, garlic, and other vegetables amid weak monsoon rains. Rural inflation was 5.23 percent, with urban inflation at 4.31 percent. Rural food inflation was higher at around 6.13 percent.
Transport inflation also edged up. Analysts believe a possible RBI rate hike in the October MPC meeting is strengthened by these inflation figures, as the retail inflation is still within the RBI’s 2–6 percent tolerance band.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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