Sensex drops 100 points in pre-market session, Nifty near 23,650; Asian markets rise
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Sensex drops 100 points in pre-market session, Nifty near 23,650; Asian markets rise

According to data from the morning of Wednesday, September 30, 2026, the market showed mixed dynamics: the Sensex index fell by 100 points in the pre-market session, while the Nifty index was at around 23,650. Meanwhile, Asian markets were showing growth.

The GIFT Nifty indicator signaled a possible negative opening for Nifty50. The rise in Asian markets occurred against the backdrop of weakening oil price growth and an increase in the cost of technology stocks. In Japan, the Nikkei 225 index rose by 1.29%, and in South Korea, the Kospi rose by 0.43%.

During overnight hours, the Dow Jones Industrial Average and S&P 500 indices closed down by 0.26% and 0.17%, respectively. The Nasdaq Composite finished trading with a decline of 0.09%.

Brent crude oil prices stabilized during the Asian trading session after falling almost 3% in the previous period. This followed Saudi Arabia restoring half the capacity of the East-West pipeline after drone attacks. September futures are trading on the Intercontinental Exchange at $103.73, which is 1.11% higher.

Gold and silver futures increased by 0.56% and 0.41%, respectively.

Initial Public Offerings (IPOs)

Subscriptions opened for Initial Public Offerings (IPOs) of Nityas Gems & Jewellery and Vishal Nirmiti in the main market segment. In the SME segment, subscriptions were open for IPOs from TNA Solutions, Acme India Industries, Paramount Syntex, Omara Ventures India, Sollfege Smart Electronics, Eventions, SJP Ultrasonics, and Dove Soft.

The IPOs of EverestIMS Technologies, Vans Electroengineerings, Papadmalji Agro Foods, and Black Opal Consultants are moving to the second day of subscription. The IPOs of SRIT India and Shah Investor's Home will enter the last day of subscription on Tuesday. In the SME segment, Acme Universal Safezone 9, Shivchem Agro, and Pind Hospitality IPOs are also in the last day of subscription.

IPO Listing

Swastika Infra, ArMee Infotech, Elevate Campuses, and Adroit Industries will debut on the exchanges on Wednesday.

During the data update, it was noted that the Sensex lost 90 points in the pre-market session, then fell by 93.75 points or 0.13% to 72,435. Additionally, the rupee opened higher against the US dollar, rising by 4 points to 95.95 compared to 95.99 at Tuesday's close.

GIFT Nifty and Asian Markets

GIFT Nifty was at 22,813, indicating a drop of 53 points. In the Asian trading session, US index futures rose amid easing concerns about temporary supply shortages. Dow Jones and S&P 500 futures rose by 0.4% and 0.23%, respectively.

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Asian markets rise amid positive US-China talks, GIFT Nifty signals sluggish open
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Asian markets rise amid positive US-China talks, GIFT Nifty signals sluggish open

GIFT Nifty predicted a somewhat negative start to trading for Nifty50 as investors await a meeting between US President Donald Trump and Chinese President Xi Jinping. Futures traded at 23,344 points, which is 35 points lower.

Asia-Pacific markets showed growth at the start of Monday's trading thanks to reports of constructive dialogue between US Secretary of State Scott Bessent and Vice Premier He Lifeng. According to Bessent, the parties agreed to organize discussions on artificial intelligence (AI) to achieve a common understanding of goals and threats.

As a result, Japan's Nikkei 225 and South Korea's Kospi rose by 1.38% and 1.32%, respectively. Previously, last Friday, the Dow Jones Industrial Average fell by 0.18%, while the S&P 500 showed growth of 0.17%, and the Nasdaq Composite closed the session with a gain of 0.39%.

Brent crude oil prices fell by more than 1% as traders anticipate a recovery in supplies from Saudi Arabia despite ongoing attacks. September futures traded at $101.74, down 1.41%. Gold and silver futures also decreased by 0.24% and 0.09%, respectively.

IPOs Today

Initial Public Offerings (IPOs) for Robokidz Eduventures and FX Multitech will open for subscription on Monday. The IPO of Axiom Gas Engineering will enter its second day of subscription. Additionally, the National Stock Exchange (NSE) IPO opens on its final subscription day. Similarly, the IPOs of Sonaselection India, SpectraA Technology Solutions, and Kheria Autocomp are also in their final day.

IPO Listings Today

During Asian trading, US stock futures rose amid positive negotiations between US Secretary of State Scott Bessent and Vice Premier He Lifeng. Dow Jones and S&P 500 futures increased by 0.28% and 0.33%, respectively. Last Friday, the Dow Jones Industrial Average fell by 0.18%, while the S&P 500 rose by 0.17%, with the Nasdaq Composite closing higher by 0.39%.

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