9:15 Market View | 22/09

What could move today?

Indian markets is expected to open higher today, as GIFT Nifty rises and signals positive start for Nifty and Sensex and also due to easing crude oil prices.

Nifty: 23,414, +0.35%

Sensex: 74,895, +0.81%

Bank Nifty: 56,495, +0.24%


Global Market Movements

GIFT Nifty: GIFT Nifty is trading at around 23,470, +28 points against the previous day close, and reached intraday high of 23,526.

US Markets: US markets surged on Monday, September 21, 2026, with the tech-heavy Nasdaq powering to a fresh all-time high with cooling oil prices

Asian Markets: Asian stock markets are rallying strongly in early trade today, Tuesday, September 22, 2026.


Commodities

Brent Crude: $101.4/barrel

Brent crude prices have eased from a peak of ~$108/barrel during the ongoing West Asia conflicts.


FII & DII Activity

FII: - ₹576 crore

DII: + ₹2797 crore

Net Flow: +2221 crore


The Investors Lens

Why Does Crude Matter to India?

India imports a large share of the crude oil it consumes, making global oil prices important for the economy and markets.

When crude prices rise, India’s import bill increases, putting pressure on the rupee and current account.

Higher oil prices can also push up inflation, especially through fuel, transportation and input costs. For companies, the impact varies, aviation, paints, chemicals and logistics can face higher costs, while oil producers and some upstream businesses may benefit. A sustained rise in crude can therefore affect inflation, corporate margins, interest rates and market sentiment.

That’s why crude is more than just an energy price for India, it is a key macro variable investors watch.