{
  "id": 8177595,
  "title": "Sensex Jumps 260 Points At Opening Bell, Metal and Realty Stocks Power Dalal Street Rally",
  "url": "https://urgent.news/2026/09/18/sensex-jumps-260-points-at-opening-bell-metal-and-realty-stocks-power",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T04:26:55.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sensex-jumps-260-points-at-opening-bell-metal-and-realty-stocks-power-dalal-street-rally"
  },
  "original_language": "en",
  "account": "Indian stock markets kicked off the trading week on a bullish note on Friday, buoyed by favorable international signals and buying interest in metal, real estate, and cement equities. The BSE Sensex kicked off at 74,575.24, surging 260 points or 0.35%. The NSE Nifty 50 also rallied 64 points or 0.28% to 23,334.70 in early trade.\n\nMetal shares led the Nifty's ascension, marking the strongest sectoral index with a 0.76% gain. Nifty Realty also enjoyed a 0.74% uptick, while cement and media indices climbed 0.55% and 0.47%, respectively. The Sensex concluded the day flat, while the Nifty edged up 0.23%.\n\nInvestors continued to dissect Federal Reserve policy clues as they navigated the market. Healthcare, banking, automotive, pharmaceutical, energy, and FMCG stocks also showed strength during the session. However, IT, Midcap IT, and Telecom indices lagged, with Nifty IT plunging over 1% and the Midcap IT and Telecom index slipping 0.40%.\n\nAmong the notable decliners, Tata Motors Passenger Vehicles, TCS, Infosys, Tech Mahindra, and HCL Technologies witnessed significant losses, each falling up to 3%. Analysts noted that the broader market structure remained frail, although the Relative Strength Index reading of 29.95 suggested oversold conditions. Immediate support for Nifty was pegged between 23,000 and 23,150, with resistance expected in the 23,350–23,450 range. A clear breakout could bolster the recovery, while a dip below support may prolong the correction.\n\nForeign institutional investors offloaded Indian shares worth ₹3,208 crore on Thursday, while domestic institutional investors offset the outflow by investing ₹3,617 crore. Wall Street concluded the prior trading session higher, with the S&P 500 gaining 1.14% and the Nasdaq rising 1.69%. Asian markets followed suit, as Japan's Nikkei climbed nearly 2% and South Korea's KOSPI surged over 2%. Hong Kong's Hang Seng also saw a near 1% increase.\n\nBrent crude slipped 1% to $103.61 per barrel, and US West Texas Intermediate crude declined 0.77% to around $101, easing some worries about India's oil-import dependent economy.",
  "summary": "Mumbai: Indian stock markets opened higher on Friday, supported by positive global cues and buying across metal, realty and cement shares. The BSE Sensex opened at 74,575.24, gaining 260 points or 0.35%. The NSE Nifty 50 advanced 64 points, or 0.28%, to 23,334.70 during early trading. Metal and realty shares lead Nifty Metal emerged as the strongest sectoral index, rising 0.76%. Nifty Realty…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}