Closing Bell: Nifty 50 Gains 76 Points as Tata Motors Passenger Vehicles Shares Surge | 17 Sept 2026, 03:45 PM IST
By ThePip Desk
The Nifty 50 settled at 23294.35 on Thursday, September 17, 2026, as gains in the automotive sector offset weakness in the Nifty Bank index performance.
Market Overview
The Indian equity markets concluded the trading session on Thursday, 17 September 2026, with the Nifty 50 index settling at 23294.35, marking an increase of +76.75 points or +0.33%. While the benchmark index maintained positive momentum, the Nifty Bank index faced selling pressure, closing at 56137.45, down by −155.00 points or −0.28%. Meanwhile, the Nifty Midcap 100 outperformed, finishing the day at 61429.40 with a gain of +555.20 points or +0.91%.
Key Market Movers
Tata Motors Passenger Vehicles Ltd. (TMPV) emerged as a key focus, rallying +4.58% to close at ₹314.8 following the launch of the Curvv Series X, which is priced starting at ₹9.99 Lakh. Other notable gainers included HDFC Life Insurance Company Ltd. (HDFCLIFE) at +5.05% and SBI Life Insurance Company Ltd. (SBILIFE) at +4.25%. Conversely, Oil & Natural Gas Corporation Ltd. (ONGC) led the laggards, falling −1.86%.
| Index | Close | Change |
|---|---|---|
| Nifty 50 | 23294.35 | +76.75 |
| Nifty Bank | 56137.45 | −155.00 |
| Nifty Midcap 100 | 61429.40 | +555.20 |
Institutional Activity
Market participants monitored recent institutional flows, with FIIs recording a net outflow of ₹2032.61 crore on 16 September 2026, while DIIs provided support with a net inflow of ₹3908.23 crore.