The Nifty 50 is holding steady at 23398.1 as of 10:47 AM on September 13, 2026, reversing a three-day losing streak with strong support from banking and IT counters. HDFC Bank and Axis Bank are leading the charge, lifting the Sensex and Nifty in tandem. Meanwhile, Infosys continues to face pressure, slipping over 4.5% after its sharpest single-day drop in nearly three months, reflecting ongoing concerns about global IT spending. Adani Enterprises remains a standout performer, building on its 5% gain from September 9, while SBI and ICICI Bank show signs of recovery after earlier losses.
This mixed but improving breadth suggests a cautious rebound, with institutional interest returning to large-cap banks. Traders should watch for follow-through in Bank Nifty and avoid chasing extended moves in volatile IT stocks. The market remains sensitive to global cues, but domestic strength in financials is providing a floor.