Nifty Opens with a Gap-Up; Nifty IT Jumps 5%, Tata Chemicals Hits 20% Upper Circuit

Tuesday, September 15, 2026, brought a rare sight for Indian market participants, with benchmark indices opening sharply higher. The Nifty 50 started the session above the 23,500 mark and climbed to an Intraday high of 23,592.85. However, profit booking emerged at higher levels, and the index gave up more than 100 points from the day’s high. As of 9:27 AM, the Nifty was trading near the 23,460 level.

Nifty IT Index Up by 5%: Why Nifty IT is Up on Tuesday?

One of the biggest contributors to the strong opening was the sharp rally in the Nifty IT index. The index surged more than 5 per cent in early trade, marking one of its strongest single day moves since May 2025.

The rally in IT stocks came amid comments from Anthropic CEO Dario Amodei, who said that the pace of artificial intelligence development may need to slow down to allow safety measures to catch up. Meanwhile, US President Donald Trump dismissed concerns surrounding the risks posed by artificial intelligence when questioned by reporters.

The developments sparked buying interest in Indian IT stocks, with investors assessing whether a slower pace of AI development could offer some relief to traditional IT services companies. All constituents of the Nifty IT index traded higher, with HCL Technologies leading the gains, rising more than 6.5 per cent in early trade.

Tata Group Stock in Focus: Tata Chemicals

Tata Group stocks also witnessed strong buying interest on Tuesday. Tata Chemicals hit its 20 per cent Upper Circuit, while Tata Investment Corporation surged around 9.5% during the early trading session.

Disclaimer: The article is for informational purposes only and not investment advice.