Intraday Stocks for Today: Markets Await Fed Decision
- September 16, 2026
- Posted by: Harsh Piplani
- Category: News
Intraday stocks for today follow a sharp Sensex-Nifty reversal, with crude near $110 and the Fed decision awaited.
Quick Answer
Intraday stocks for today need to be picked with extra caution after Tuesday’s sharp reversal, where the Sensex opened near 75,370 but closed 777.94 points lower at 74,003.82, and the Nifty gave up an early rally to close down 279.50 points at 23,118.60. The India VIX jumped over 10 percent, broader markets fell harder than the headline indices, and the US Federal Reserve’s rate decision, due out of its September 15-16 meeting, is still pending. With Brent crude close to 110 dollars a barrel adding to the pressure, intraday stocks for today are best approached stock by stock rather than as a broad bet on index direction.
Tuesday’s session was a reminder of how quickly sentiment can turn: the Sensex and Nifty opened firmly higher before selling off through the day to close sharply in the red.
Here is the setup shaping intraday stocks for today, the sectors that held up better, and what else is on the radar this session.
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What Happened on Tuesday
The Sensex opened at 75,369.63 and the Nifty at 23,576.15, both comfortably higher, as early buying favoured technology stocks and HDFC Bank. That optimism unwound through the afternoon, with the Sensex closing at 74,003.82, down 777.94 points or 1.04 percent, and the Nifty settling at 23,118.60, down 279.50 points or 1.19 percent. It was a swing of well over a percent from the day’s high to its close, and that kind of reversal tends to leave the next session’s intraday stocks for today more sensitive than usual to early direction.
Why the Reversal Happened
Rising crude oil prices and a US 10-year Treasury yield above 5 percent overwhelmed the early optimism. Brent crude has been climbing toward 110 dollars a barrel, and the uncertainty isn’t limited to oil: the Fed’s rate decision from its September 15-16 meeting is still awaited, and markets don’t like sitting through that kind of binary event with large open positions.
Where the Damage Was Worse
- Nifty Midcap: fell 2.12 percent, nearly double the Nifty’s own decline
- Nifty Smallcap: fell 2.43 percent, the hardest hit segment of the market
- India VIX: jumped over 10 percent to 13.57, signalling traders are pricing in more near-term swings
- Top individual losers: Bharat Electronics, Shriram Finance and Adani Enterprises led the Nifty 50 lower
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What Held Up Better
IT majors including HCLTech, Infosys and TCS provided a cushion even as the broader market fell, a detail anyone building a watchlist of intraday stocks for today should note. A sector holding its ground on a day the index falls over a percent is usually one to watch for relative strength once sentiment stabilises.
The NSE IPO Is Also in Focus Today
Anchor investor bidding for NSE’s own IPO opens today, ahead of the public subscription window from September 17 to 21. The price band is set at Rs 1,700-1,785 per share, the issue is entirely an offer for sale of just over 12.64 crore shares, and at the upper end that values the offer at roughly Rs 22,569 crore, smaller than the roughly Rs 30,000 crore originally planned after some selling shareholders trimmed their offer size. Listing is expected around September 24.
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Conclusion
Tuesday’s sharp reversal, a wider VIX, a still-pending Fed decision and crude near 110 dollars a barrel all point to a session where being selective matters more than usual. IT’s relative strength and today’s NSE IPO anchor bidding are two threads worth tracking alongside the usual index levels.
Disclaimer: Data and figures in this article are sourced from publicly available information and may change as trading continues through the day. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What happened in the market on Tuesday, September 15?
Ans. The Sensex and Nifty opened sharply higher but reversed through the day, with the Sensex closing down 777.94 points at 74,003.82 and the Nifty down 279.50 points at 23,118.60.
Why did the market reverse so sharply?
Ans. Rising crude oil prices near 110 dollars a barrel and the US 10-year Treasury yield above 5 percent overwhelmed an initially positive session driven by tech stocks and HDFC Bank.
Is the Fed’s rate decision relevant to today’s session?
Ans. Yes, the Federal Reserve’s decision from its September 15-16 meeting is still pending, which tends to keep markets cautious about large directional bets.
Which sectors held up better than the broader market on Tuesday?
Ans. IT majors including HCLTech, Infosys and TCS were relatively resilient even as the Sensex and Nifty fell more than a percent.
How much did the broader market fall compared to the Nifty?
Ans. Nifty Midcap fell 2.12 percent and Nifty Smallcap fell 2.43 percent, both notably worse than the Nifty’s own 1.19 percent decline.
What is happening with the NSE IPO today?
Ans. Anchor investor bidding opens today ahead of the public issue running September 17-21, with a price band of Rs 1,700-1,785 per share.
Should intraday traders assume today will continue Tuesday’s weakness?
Ans. Not automatically. Given the pending Fed decision and how sharply Tuesday reversed, waiting for early direction to confirm itself is more prudent than assuming the trend simply continues.
