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Indian equity market opens flat after Fed rate hike

pre-market1 source ↓written by the desknot a recommendation

74,416.7
33.3 points

The Indian equity market opened flat on 17 Sep 2023, following the US Federal Reserve's interest rate hike. Sensex rose 80.3 points to 74,416.7, while Nifty traded at 23,250.9, up 33.3 points. Most sector indices were in the green, although IT, banking, and media sectors faced declines.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Sept 2026, 07:09 IST.

Sourcesnews.google.com

The market after the news

HDFCLIFE closed −1.1% on the day of the news, from ₹557.00 to ₹550.95; Nifty +0.3% over the same session; futures OI −2.8%.

Bulletin at 07:09 IST on 18 Sept 2026. Every change is measured from ₹557.00, the last close before it, on 17 Sept. Nifty 50 is measured over the same sessions.

  • HDFCLIFE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HDFCLIFE closes around the bulletin against the close before the news, with Nifty 50 rebased to it484.81557.00629.19axis spans 30%before the news · 17 Sept557.00Nifty 50HDFCLIFEbulletinD0+1+3+510 Sept22 Sept1 OctFutures open interest, lotspeak 51,000Reference close ₹557.00. 15 sessions from 10 Sept to 1 Oct; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Sept₹557.00basebase
On the day18 Sept₹550.95▼ −1.1%▲ +0.3%−1.4 pp difference
+1 session21 Sept₹559.40▲ +0.4%▲ +0.6%−0.2 pp difference
+3 sessions23 Sept₹561.50▲ +0.8%▲ +0.8%+0.1 pp difference
+5 sessions25 Sept₹531.00▼ −4.7%▼ −0.6%−4.1 pp difference
Gap at the open, % · ₹
0.0%+0.11 on 18 Sept
Day's range, % · ₹
2.5%≈ 14 high to low
Volume on the day
1.54×the 20-session average
Futures OI on the day
▼ −2.8%−1,300 lots · long unwinding · price −1.1%
Futures OI open, lots
45,00018 Sept · 29 Sept expiry
Futures premium, ₹
+5.15+0.9% to spot
Puts per call, by OI
0.80from 0.84 the session before
Max pain
540from 540 the session before

Source NSE UDiFF bhavcopy · HDFCLIFE on the desk →

Thread · HDFCLIFEAll HDFCLIFE bulletins →

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