Morning Bell 21st September 2026 by Bajaj Broking Ltd
Market Commentary
Benchmark indices traded in a choppy narrow range throughout the session on Friday and managed to close marginally higher . However, on a weekly basis, the benchmarks continued their losing streak for the sixth consecutive week . With Brent crude oil prices remaining above $ 100 and geopolitical concerns still elevated, these factors continue to remain key overhangs .
* The Nifty 50 closed 0 .33 % higher at 23 ,346 , while the Sensex ended marginally lower by 0 .03 %.
* On the sectoral front, Realty, Energy and Financial Services were the key gainers, while IT, FMCG and Auto remained the major laggards .
* The broader market outperformed, with the Nifty Small cap 100 gaining 1.74 % and the Nifty Midcap 100 rising 1.24 %, indicating strong buying interest beyond the frontline indices
* Gift Nifty signals a negative opening for the Indian market . Nifty spot in today's session is likely to trade in the range of 23 ,100 - 23 ,500.
Global Updates
* Wall Street closed Friday's session with a tech - led divergence, as software and hardware resilience balanced mild pressure in industrial and small - cap names .
* Benchmark sovereign debt yields tested a fresh psychological ceiling to open the week, with the U.S . 10- year Treasury yield advancing +6.1 bps to touch exactly 5.000 %. Institutional desks are repricing the term premium higher following the Fed's 25 bps rate hike and restrictive dot - plot projections, which flagged zero rate cuts through mid - 2027 .While mega - cap technology has absorbed the move
* Risk appetite broadened aggressively across digital assets and regional equity bourses, driving Bitcoin to a multi - month high of $81,659 (+ 0 .63 %).
* Asian markets opened mixed on Monday, with the KOSPI gaining 0 .89 % on strong chip demand, while Australia ’s ASX 200 slipped 0 .23 %, and Japan ’s Nikkei remained closed for the holiday .
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