| Index / Sector | Closing level | Change (pts) | % chg |
|---|---|---|---|
| Nifty 50 | 24,868.6 | +95.45 | +0.39 % |
| BSE Sensex | 81,101.3 | +314.0 | +0.39 % |
| Nifty Bank | 54,216.1 | +29.2 | +0.05 % |
| BSE Midcap | 45,712.1 | +105.6 | +0.23 % |
| BSE Small‑cap | 53,054.3 | +142.5 | +0.27 % |
| USD/INR (₹/US$) | 88.11 | – | +0.18 % |
Mid‑cap and small‑cap indices edged up around 0.2 %, while sector indices were mixed; IT (+2.8 %), pharma and FMCG (≈0.5 %) outperformed and oil & gas/realty slipped.
Top Gainers – Nifty 50 Constituents
| Stock | % chg |
|---|---|
| Infosys (INFY) | +4.85 % |
| Dr Reddy’s Labs | +3.50 % |
| Wipro (WIPRO) | +2.81 % |
| Adani Ports (APSEZ) | +2.54 % |
| Tech Mahindra (TECHM) | +2.45 % |
| SBI Life Insurance | +1.63 % |
| HCL Tech | +1.57 % |
| Eicher Motors | +1.15 % |
| HDFC Life | +1.14 % |
| Nestlé India | +1.09 % |
Infosys led the gains after its board announced plans to consider a share‑buyback on 11 September; other IT names like Tech Mahindra, Wipro and HCL Tech rose as well.
Top Losers – Nifty 50 Constituents
| Stock | % chg |
|---|---|
| Trent | −1.74 % |
| Eternal (Eternal Health) | −1.20 % |
| UltraTech Cement | −0.81 % |
| Jio Financial Services | −0.80 % |
| Titan Company | −0.63 % |
| IndusInd Bank | −0.63 % |
| Tata Motors | −0.60 % |
| NTPC | −0.61 % |
| Bajaj Auto | −0.46 % |
| Reliance | −0.17 % |
Profit‑taking hit consumer‑facing stocks like Trent, Titan and Tata Motors following recent rallies; auto names lagged as investors booked gains after GST‑rate rationalisation.
Broader‑Market Gainers/Losses (selected small/mid‑caps)
- Gainers: Amanta Healthcare, Gujarat Fluorochemicals, Ujjivan Small Finance Bank, Affle India, and Infosys were notable gainers across broader indices, with gains ranging from 4–12 %.
- Losers: Foce India, Suven Life Sciences, KIOCL, One Mobikwik Systems and Rallis India fell 4–5 % each.
Market Breadth & Other Statistics
| Indicator | Value / Observation |
|---|---|
| Advances vs. declines (NSE) | 1,485 advances vs 1,514 declines; 106 stocks unchanged |
| Stocks hitting 52‑week highs | 108 |
| Stocks hitting 52‑week lows | 43 |
| NSE market capitalisation | ≈ ₹425 lakh crore (≈ US$5.11 trillion) |
| FII / DII flows (8 Sep) | FIIs sold ₹2,169 cr; DIIs bought ₹3,014 cr |
| Nifty Sept futures | premium of ~128 points; open interest down 0.73 % |
| Options (9 Sept expiry) | max call OI at 25,000; max put OI at 24,500 (key levels) |
Global Cues
- U.S. markets: The Nasdaq Composite closed at a record high (+0.45 %), the S&P 500 rose 0.21 % and the Dow Jones added 0.25 % as investors bet on aggressive U.S. rate cuts. A weaker non‑farm payrolls report strengthened hopes of multiple rate cuts, while chipmaker Broadcom and other tech names rallied.
- Global sentiment: Asian and European markets were broadly positive. Weakening U.S. labor‑market data and signs of easing inflation reinforced expectations of a jumbo rate cut at the Federal Reserve’s 16–17 September meeting.
- Commodities & rupee: Crude prices were stable; Brent traded near US$82/barrel. The Indian rupee appreciated to ₹88.11 per U.S. dollar amid expectations of lower U.S. rates. Gold hovered around US$1,990 per ounce.
Key Stocks & Corporate Updates
- Infosys: The board will consider a share‑buyback on 11 September 2025; last buyback (2022) was ₹9,300 crore at ₹1,850 per share. The announcement sparked a 5 % rally and lifted other IT stocks.
- Voltamp Transformers: Promoter Kunjal Patel plans to offload about 7.88 lakh shares (~7 % stake) via block deal.
- Brigade Enterprises: Entered a joint‑development agreement for a luxury project on 10.75 acres in east Bengaluru (2.5 million sq ft sellable area, GDV ≈ ₹2,500 cr).
- Strides Pharma: Signed a strategic partnership with KenoX Pharmaceuticals to expand its U.S. nasal‑spray pipeline.
- HUDCO: Signed a non‑binding MoU with the Nagpur Metropolitan Region Development Authority for land acquisition and infrastructure projects.
- Godrej Consumer: Its Indonesian subsidiary is building a new plant at Kendal (capex ₹250 cr), adding 15 % capacity in home & personal care segments.
- RailTel Corp.: Secured orders worth ₹396 cr from Bihar Education Project Council for ICT labs and smart classrooms; additional orders worth ₹44.21 cr and ₹59.76 cr were also received.
- Dish TV India: Subsidiary Dish Infra Services entered the smart‑TV segment under the brand VZY.
- TVS Motor: Will pass on GST‑rate benefits across its ICE (internal‑combustion) vehicle portfolio after the government’s tax rationalisation.
- Medi Assist Healthcare: Shareholders approved ₹198 cr fundraising via preferential issue for debt repayment and corporate purposes.
- Rail Vikas Nigam: DIPAM declined its proposal to form a wholly‑owned subsidiary.
- Other notable orders/projects: Alpex Solar secured a ₹345 cr solar‑module order; IRB Infra’s August toll revenue rose 12 % YoY to ₹563 cr; BR Goyal Infrastructure won a ₹125.9 cr Nashik public‑works contract; John Cockerill India received a ₹50 cr order for a cold‑rolling mill from Godawari Power.
Market Outlook for Wednesday, 10 September 2025
- Technical levels: The Nifty 50 reclaimed its 100‑day moving average (~24,820) and is approaching the psychological 25,000 resistance. Momentum oscillators (RSI >50) indicate near‑term bullishness, but a decisive break above 25,000 is needed to confirm a fresh up‑move. Immediate support lies near 24,720 (21‑DMA).
- Expectations: Positive global cues and prospects of aggressive Fed rate cuts could keep sentiment buoyant. However, valuations in small‑cap and mid‑cap segments remain stretched, and profit‑booking may surface ahead of key U.S. inflation data and the 16–17 September FOMC meeting.
- Key triggers to watch: U.S. CPI data, rupee and crude‑oil movement, FII/DII flows, and corporate announcements (Infosys buyback decision on 11 September). Stock‑specific action will likely continue, particularly in IT, pharma and port operators after recent news.
- Overall stance: The market bias remains cautiously optimistic, but with major indices near resistance levels, traders may adopt a buy‑on‑dips approach while keeping an eye on global developments and domestic macro‑data releases.
