# Stock Market Opens Higher as Sensex Gains 100 Points and ONGC Rallies > Despite rising Middle East tensions and crude oil prices crossing 100 dollars per barrel, Indian share markets opened on a steady note with modest gains in Sensex and Nifty. **Type:** article · **Category:** Market · **Published:** 2026-09-10 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/sheyara-bajara-men-halki-teji-senseksa-100-anka-charha-aura-ongc-ka-sheyara-chamaka-30665 · **Language:** English **Tags:** Stock Market, Sensex, Nifty, ONGC, Crude Oil, Market Update Even in the face of escalating tensions in the Middle East and international crude oil prices surging past the 100 dollar per barrel mark, the Indian stock market kicked off the September 10 session on a cautious yet steady note. Despite subdued global cues, both major benchmark indices, the Sensex and Nifty, managed to hold their ground in positive territory during early trading hours. Sustained buying interest across banking, energy, and public sector undertaking shares provided crucial support to the market, allowing investors to breathe a sigh of relief. In the opening minutes of trade, the BSE Sensex traded higher by 100.18 points at the 74,864.41 level. Meanwhile, the National Stock Exchange's Nifty 50 index advanced 40.15 points or 0.08 percent to reach the 23,471.65 level. Market breadth remained positive as a total of 1,378 stocks advanced, 955 shares declined into the red, and 163 stocks remained unchanged from their previous closes. ## ONGC Surges 1.73 Percent While Axis Bank and SBI Shine According to data from the NSE heatmap, the sharp climb in global crude oil prices directly benefited Oil and Natural Gas Corporation (ONGC). The stock rallied 1.73 percent to trade at ₹238.08, emerging as the top gainer on the Nifty index. - **Top Gaining Stocks:** Alongside Oil and Natural Gas Corporation, robust buying was recorded in Axis Bank up 0.52 percent, State Bank of India up 0.52 percent, ITC up 0.50 percent, Coal India up 0.50 percent, Bajaj Finserv up 0.49 percent, and Cipla up 0.48 percent. - **Top Losing Stocks:** On the flip side, selling pressure was evident in the technology and automotive sectors. Mahindra & Mahindra suffered the steepest drop, falling 1.02 percent. Other notable losers included HCL Tech down 0.63 percent, Infosys down 0.55 percent, Tech Mahindra down 0.52 percent, Tata Steel down 0.52 percent, Shriram Finance down 0.46 percent, and Bharat Electronics down 0.34 percent. ## PSU Bank and Energy Indices Show Strength On the sectoral front, the Nifty PSU Bank index registered the strongest gains, rising 0.87 percent. Additionally, the Nifty Energy index traded higher by 0.45 percent, Nifty PSE by 0.43 percent, Nifty Bank by 0.33 percent, and Nifty IT by 0.22 percent. However, minor selling pressure was observed in the Nifty MNC index down 0.2 percent, Nifty Pharma down 0.18 percent, and Nifty Realty index down 0.05 percent. Market analysts suggest that ongoing fluctuations in crude oil prices and global geopolitical tensions will likely keep the broader market trading within a restricted range throughout the day. ## What this means for you Ongoing global crude oil price hikes and geopolitical tensions can trigger market volatility, directly impacting retail investments and broader economic costs. - **Across India:** Investors should carefully monitor their exposure to energy and banking stocks as international shocks cause sharp intraday swings. Surging crude oil prices past 100 dollars per barrel could eventually trickle down to domestic fuel and transport expenses. - **On Daily Finances:** During periods of range-bound trading, retail participants are advised to avoid impulsive portfolio decisions and stick to fundamentally sound assets. Select buying trends in PSU and energy counters offer cautious entry opportunities for active market participants. ## Why this happened The measured movement in the stock market was primarily driven by surging international crude oil prices and prevailing geopolitical tensions in the Middle East. - **Crude Oil Rally:** Despite Brent crude crossing 100 dollars per barrel, domestic investors continued targeted buying in defensive and energy-heavy counters. - **Sectoral Support:** Strong buying interest in Nifty PSU Bank and Energy indices provided vital lower-level support, preventing a broader market sell-off. - **Restricted Trading Band:** Persistent selling pressure in technology and automotive segments countered broader gains, keeping indices confined within a narrow range. ## Questions & Answers ### 1. How many points did the Sensex gain in early trade on September 10? The Sensex traded higher by 100.18 points at the 74,864.41 level during early trading. ### 2. What was the rise recorded by the Nifty 50 index? The Nifty 50 index advanced by 40.15 points or 0.08 percent to reach 23,471.65. ### 3. Which stock emerged as the top gainer on the Nifty? Oil and Natural Gas Corporation rallied 1.73 percent to ₹238.08 to become the top gainer. ### 4. Which stock suffered the steepest loss in the session? Mahindra & Mahindra witnessed the highest decline, dropping by 1.02 percent. ### 5. Which sectoral index showed the strongest performance? The Nifty PSU Bank index registered the strongest performance with a 0.87 percent gain. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._