Stock Market Today Live Updates: Sensex Recovers 100 Points, Nifty Above 23,270 After US Fed Rate Hike; Rupee Hits 96/$

Stock Market News Today Live Updates: The much-awaited initial public offering (IPO) of the National Stock Exchange of India (NSE) opens for public subscription today, September 17, with an aim to raise over Rs 22,500 crore from the primary market.

NSE is India's leading stock exchange with a dominant position across key market segments with leadership in cash equities, equity futures and derivatives, supported by strong network effects from investors, brokers, institutions and listed companies.

NSE IPO is set to be the second largest public issue in the Indian stock market so far. Here are top key things to know about NSE IPO

Stock Market News Today Live Updates: JPMorgan Prefers HUL, Marico, GCPL 

JPMorgan has turned more cautious on the FY27 earnings outlook for India's FMCG sector, cutting price targets across several stocks as higher crude prices and input-cost inflation put pressure on margins. In its latest India FMCG report, JPMorgan said investors are shifting focus from a consumption recovery to the durability of demand and margins, particularly as crude-linked inflation picks up. 

Stock Market News Today Live Updates: Sensex drops 100 points at opening bell, Nifty tests 23,200 mark after US Fed rate hike spikes bond yields. Rupee hits 96/$ mark for the first time in one month. In early trade, the domestic unit fell 16 paise to 96.07 against US dollar.

Global cues remain mixed, as US equities closed sharply lower following the Federal Reserve’s rate hike amid persistent inflation concerns and elevated crude oil prices. Asian markets are mostly trading higher, with Japan and South Korea gaining, while investors assess the US Fed’s policy outlook and geopolitical developments.

Stock Market News Today Live Updates: Three Top Picks By Jay Thakkar of ICICI Securities

• According to Jay Thakkar, Vice President & Head of Derivatives and Quant Research at ICICI Securities, the Nifty 50 held its recent lows and witnessed significant put additions, pushing the weekly PCR back to 1.10 and improving the near-term outlook.
• Thakkar has recommended two stocks to buy today and one stock to sell. He suggests buying ITC and Blue Star shares, while selling Bharat Heavy Electricals (BHEL) stock futures.
• He expects the near-term Nifty range to remain between 23,000 and 24,000 as long as 23,000 holds on a closing basis. A break below 23,000 could trigger further weakness towards the March lows.

Stock Market News Today Live Updates: What are the top F&O cues for Sept. 17 after expiry day movements? NDTV Profit explains 

Here's @PuneetJaveri with F&O snapshot for September 17.#PuneetJaveri pic.twitter.com/9nmN3F2cPG

— NDTV Profit News (@NDTVProfit) September 17, 2026

Stock Market News Today Live Updates: Indian equities are likely to open on a flat note, with GIFT Nifty trading near 23,217. While a pullback in Brent crude to around $104.7 per barrel from its recent high offers some marginal relief, the Federal Reserve's rate hike and indication of further tightening could keep markets volatile and limit any immediate recovery.

For India, higher US interest rates could strengthen the dollar, pressure the rupee and weigh on foreign investment flows into emerging markets. The latest domestic inflation data, released earlier this week, showed consumer price inflation rising to 4.82% in August from 4.45% in July, adding to concerns over the inflation outlook and the RBI's policy stance.

ALSO READ: US Fed Lifts Interest Rates After Three Years: How Will It Impact Indian Stock Market Today?

Stock Market News Today Live Updates: The trends on Gift Nifty also signal a weak start for the Indian benchmark indices, Nifty 50 and Sensex, today. The Gift Nifty was trading around 23,219 level, a discount of nearly 53 points from the Nifty futures' previous close. The benchmark Federal Fund rates were raised by 25 basis points to 3.75% – 4%. Fresh quarterly projections indicate further tightening is on the table, with 16 officials projecting at least one more rate hike in 2026.

Stock Market News Today Live Updates: Here are five key factors that may drive the Indian stock market today:

-Asian Markets

-Wall Street

-US Fed Rate Hike

-Trump Tariffs

-Crude Oil Prices

Stock Market News Today Live Updates: Brent crude extended its decline on Thursday, slipping below $105 a barrel as signs of easing supply disruptions in the Middle East reduced some of the risk premium built into oil prices. West Texas Intermediate crude also weakened, trading near $101 a barrel, after both benchmarks fell sharply in the previous session.

The latest move followed reports that Saudi Arabia is working to restore around half the capacity of its damaged East-West pipeline within days, with full operations targeted in about six weeks. The pipeline, which runs across Saudi Arabia to its Red Sea coast, is particularly important because it offers an alternative route for exports that avoids the Strait of Hormuz.

ALSO READ: Oil Prices On Sept. 17: Brent Crude Falls Below $105 As Saudi Moves To Restore Key Pipeline

Stock Market News Today Live Updates: Asian markets extended their gains on Thursday, with major regional indices in positive territory as even after the US Fed hiked key lending rates. The indices rose as crude oil prices eased after the United States assured that the Saudi pipeline which was struck by drones from Iraq will restart operations soon. 

Japan's Nikkei 225 rose 0.45% 64,278.31, while Australia's ASX 200 advanced 0.34% to 8,725.10, and South Korea's Kospi gained 0.5% to 6,752.47.  The gains across Asian markets follow Wall Street's hefty losses, post the FOMC's decision to raise key lending rates by 0.25% for the first time since 2023 to curb inflation. 

Stock Market News Today Live Updates: Hello and welcome to NDTV Profit's live coverage of stock market news today, with the top market directions in India, Asia Pacific and the West.

From pre-market signals to the most buzzing stocks in trade, we bring you all top developments from D-Street to keep you updated throughout the day. 

The Indian stock market is likely to remain volatile after Kevin Warsh led US Federal Reserve delivered its first interest rate hike in three years.

Stay tuned to NDTV Profit for all back-to-back live updates of the Indian stock market, trending stock calls, global indices and company announcements on Thursday, Sept. 17, 2026.