Dalal Street extended its losing streak to Day 4 as bears pressed on the frontline and banking counters. U.S. H-1B visa headlines kept IT on the back foot, foreign flows stayed cautious, and the rupee hugged record-weak levels—together weighing on risk appetite.
The Wrap: Indices & Close
| Index | Close | % Chg |
|---|---|---|
| Sensex | 81,715.63 | −0.47% |
| Nifty 50 | 25,056.90 | −0.45% |
| Bank Nifty* | ~55,1xx | ~−0.7% |
| Nifty Midcap 100** | lower | −1.0% |
| Nifty Smallcap 100** | lower | −0.7% |
*Intraday updates showed Bank Nifty around 55,100 and down ~0.7%; final tick hovered in that zone. **ET’s closing wrap flagged midcaps/smallcaps down ~1.0%/~0.7% respectively.
Sector Scorecard
| Sector | Move Today | Notes |
|---|---|---|
| IT | ↓ | H-1B visa fee shock kept sentiment soft. |
| Financials | ↓ | Banks & lenders under pressure; Bank Nifty lagged. |
| Auto | ↓ | Profit-taking post recent rally; Tata Motors weak. |
| FMCG | ~flat to mixed | Relatively resilient versus the tape. |
| Realty/Metals | ↓ | Risk-off tone across cyclicals. |
Market Breadth
Weak: Losers outpaced gainers on the NSE; most sectoral indices finished in the red.
Nifty 50 – Top Movers
Note: Names reflect the closing leaderboard and intraday leadership; percentage changes are approximate where sources provide discrete figures.
Gainers
| Stock | % Chg | Why It Moved |
|---|---|---|
| Trent | +0.5–1% | Defensive/retail resilience; stock featured among top intraday gainers. |
| SBI | flat to +0.5% | Outperformed peers despite bank sell-off. |
| Asian Paints | +0.5–1% | Defensive bid in staples/consumption. |
| Maruti Suzuki | flat to +0.5% | Mixed auto tape; relative strength within OEMs. |
| NTPC/ONGC | flat to +0.5% | Energy/utilities defensives found buyers. |
Losers
| Stock | % Chg | Why It Moved |
|---|---|---|
| Hero MotoCorp | −1.3% to −1.8% | Autos corrected; two-wheeler laggard. |
| Titan | −1–2% | Broad-based profit-taking in consumption plays. |
| Tech Mahindra | −1.3% | IT under pressure amid H-1B noise. |
| Tata Motors | −2.7% | Auto index weak; JLR factory shutdown extension cited. |
| ICICI Bank | −0.9% | Banks sold off; heavyweights weighed on Nifty. |
What Drove Today
- H-1B visa headlines: Fresh $100k fee proposal kept IT subdued; sector fell again.
- FII outflows: Persistent foreign selling continued to sap momentum.
- Crude & INR: Brent hovered near $68; rupee closed ~₹88.69/USD, just off record weakness -both adding to macro caution.
- Global cues: Wall Street was mixed after Tuesday’s pullback; Fed path still in focus.
Global Check
| Gauge | Latest | Move |
|---|---|---|
| Dow Jones (prev. session) | Higher | +0.66% intraday strength, mixed close overall context. |
| S&P 500 (prev. session) | Slightly lower | −0.6% Tuesday pullback. |
| Nasdaq (prev. session) | Lower | Tech cooled after recent run. |
| Brent Crude | ~$68/bbl | Firmer on inventory draw. |
| USD/INR (spot close) | 88.69 | Flat; RBI likely smoothed volatility. |
Stocks to Watch (near term)
- IT majors (INFY, TCS, TECHM): Sensitivity to U.S. immigration policy headlines remains high; watch for any clarifications/industry commentary.
- Auto OEMs (Tata Motors, M&M, Hero MotoCorp): Profit-taking could persist; JLR-related updates and festive-season dispatch data in focus.
- Banks (ICICI, HDFC Bank, SBI): Track Bank Nifty behavior near 55k handle and FII flows.
- Rupee-sensitive plays (importers/exporters): Elevated USD/INR could alter margin math; hedging updates key.
Technical Dashboard
| Index | Immediate Support | Deeper Support | Near Resistance | Bias |
|---|---|---|---|---|
| Nifty 50 | 25,000 | 24,850–24,800 | 25,300–25,500 | Range with downside risk below 25k. Moneycontro |
| Bank Nifty | 55,000 | 54,500 | 55,600–56,000 | Sellers active below 55,600. |
Trading Outlook for 25 September 2025 (Thu)
Tone: Cautious/negative bias unless Nifty reclaims and sustains above 25,300. A decisive break below 25,000 can invite 24,850–24,800. Bank Nifty strength hinges on a close back above 55,600.
Buy zones (traders):
- Nifty dips to 25,000–24,950 with tight stops below 24,900.
- Select defensives (FMCG, utilities) on intraday pullbacks.
Sell zones (traders):
- Rallies into 25,300–25,500 on Nifty; 55,600–56,000 on Bank Nifty, unless breadth improves.
Sectors:
- Defensive tilt: FMCG, select utilities may outperform on risk-off days.
- Underweight near term: IT (headline risk), cyclicals (autos, realty) until breadth stabilizes.
Quick Takeaway
Macro jitters + weak breadth = respect support. For traders, fade bounces into resistance and buy only at supports with disciplined stops. For investors, stagger entries in quality large caps as the tape digests visa/FX noise—keep an eye on 25k (Nifty) and 55.6k (Bank Nifty) for signposts.
