Dalal Street ended Tuesday’s session on a mixed note. IT weakness weighed on benchmarks, while banks and autos provided the much-needed support. The undertone stayed cautious, with traders eyeing global cues, crude, and the currency market for direction.
Indices Recap
Index
Close
Change
% Change
Sensex
82,102
-56
-0.07%
Nifty 50
25,170
-32
-0.13%
Nifty Bank
55,509
+225
+0.41%
Nifty Midcap 100
—
-0.29%
—
Nifty Smallcap 100
—
+0.35%
—
Sectoral Performance
Sector
Trend
Key Drivers
Auto
▲ Strong
Festive demand optimism, GST tweaks
Banks (Private & PSU)
▲ Positive
Loan growth outlook, investor flows
IT
▼ Weak
US H-1B visa fee shock
FMCG
▼ Soft
Profit-taking, input cost concerns
Metals
▲ Mild gains
Commodity strength
Market Breadth & Statistics
Metric
Value
Advances
1,329
Declines
1,714
Unchanged
93
52-Week Highs
107
52-Week Lows
44
Key Drivers of the Session
IT Drag: US policy shock on H-1B visa fees pressured IT heavyweights.
Auto Rally: Early Navratri demand expectations boosted auto majors.
Currency Pressure: Rupee hit fresh lows near 88.8/USD, weighing on sentiment.
Oil Relief: Brent crude softened towards $66/bbl, easing inflationary worries.
Global Cues
Asset / Index
Trend
Implication for India
US equities
Near record highs
Supportive global mood
Brent crude
~$66/bbl, falling
Positive for input costs
USD/INR
88.8 (record low)
Import cost worries, FII risk
Stocks to Watch
Stock
Trigger
Maruti, M&M, Tata Motors, Hero MotoCorp
Festive demand tailwinds
Axis Bank, SBI
Strong financial momentum
TCS, Infosys, TechM, LTIM, Coforge
Visa fee overhang
KEC International
Order inflows worth ₹3,243 cr
Adani Power
Post 1:5 stock split action
Technical Picture – Nifty 50
Level
Zone
Comment
Support 1
25,050
Short-term floor
Support 2
25,000
Psychological mark
Support 3
24,950
Breakdown trigger
Resistance 1
25,300–25,350
Supply zone
Resistance 2
25,500
Upside target
Outlook for Tomorrow (Sep 24, 2025)
The market is poised for a neutral to cautious open. Autos and banks are expected to remain in favor, while IT may continue to face selling pressure. Crude softness provides a cushion, but the weak rupee is a key risk factor.
Expected Market Tone:Rangebound with a cautious bias.
Buy dips near 25,050–25,000.
Fade rallies near 25,300–25,350.
Watch for currency volatility and global tech sentiment overnight.
Bottom Line: Traders should stay stock-specific, favor banks and autos on strength, and remain cautious in IT. Tomorrow’s session will likely be one of consolidation with rotational sectoral action.
