Overview of market movements
Indian equity benchmarks continued their winning streak on 11 September 2025. The BSE Sensex closed at 81,548.73, gaining 124 points or 0.15 %, while the Nifty 50 ended at 25,005.50, up 32 points (0.13 %). This marked the seventh consecutive session of gains for both indices despite intraday volatility. Positive sentiment came from optimism over U.S.-India trade talks, expectations of a U.S. rate cut and supportive domestic tax reforms. Profit‑taking in information‑technology and auto shares limited upside, and the rupee slipped to ₹88.44 per U.S. dollar, a record low, amid foreign investor outflows.
Broader indices were largely flat. The BSE Midcap index rose about 0.14 %, while the BSE Smallcap index ended almost unchanged. Within the NSE, 24 stocks gained and 26 declined, reflecting a balanced market. Market capitalisation of BSE‑listed companies increased to about ₹457 lakh‑crore. Daily trading showed cautious sentiment: foreign institutional investors (FIIs) sold ₹115.69 crore of equities, whereas domestic institutional investors (DIIs) provided ₹5,004.29 crore of inflows.
Key indices and sector performance
| Index/sector | Level/close | Change & (%) | Comment |
|---|---|---|---|
| Sensex (BSE 30) | 81,548.73 | ▲ 124 pts (▲ 0.15 %) | Another record high close; seventh straight gain |
| Nifty 50 (NSE) | 25,005.50 | ▲ 32 pts (▲ 0.13 %) | Maintained above the 25 k mark |
| Nifty Bank | 55,180 | ▲ 0.24 % | Banking stocks supported by PSU bank buying |
Note: Where numeric levels are unavailable, indices are represented with percentage change only.
Top Nifty 50 gainers and losers
| Top gainers | % change | Notes |
|---|---|---|
| Adani Enterprises | ▲ 2.9 % | Shares rallied on continued momentum following government reforms and strong order book |
| Shriram Finance | ▲ 2.55 % | Buying interest after positive quarterly outlook |
| NTPC | ▲ 1.80 % | Benefited from power demand and stable tariffs |
| Top losers | % change | Notes |
|---|---|---|
| Bajaj Auto | ▼ 1.35 % | Fell as investors booked profits after recent gains |
| Infosys | ▼ 1.33 % | Declined ahead of its board meeting to consider a share‑buyback proposal |
| Eicher Motors | ▼ 1.14 % | Part of broader weakness in auto names |
Other statistics and breadth indicators
- Advance–decline ratio: Out of 4,281 BSE‑listed stocks, 2,100 advanced, 2,016 declined and 165 remained unchanged, indicating a balanced market breadth.
- Most active stocks (volume): Vodafone Idea (≈ 52 crore shares), YES Bank (≈ 11.3 crore shares) and Sigachi Industries (≈ 9.9 crore shares) were the most actively traded by volume.
- Stocks with large gains: Around 14 stocks on the BSE surged more than 15 %, including Dhabriya Polywood, Abram Food, Indong Tea Company, Transchem and Promax Power.
- Indian rupee: Closed near ₹88.44/USD, making a new record low due to continued foreign fund outflows and fears of higher U.S. tariffs on Indian goods.
Global cues
- Asia: Most major Asian markets closed higher; Kospi, Nikkei 225 and Shanghai Composite gained, while Hang Seng lagged. Investor sentiment was supported by hopes of progress in U.S.-India trade talks and anticipation of a U.S. interest‑rate cut. Concerns about global growth and profit‑taking in IT stocks capped gains.
- United States: Overnight, U.S. indices finished mixed. Traders assessed the impact of potential tariffs on Indian goods and monitored macro data ahead of upcoming inflation numbers. Positive signals from Washington to resume trade discussions with India lifted Indian market sentiment.
- Commodities: Brent crude hovered around US$67.44 per barrel, marginally lower by 0.07 %, providing some relief to India’s import‑dependent economy. Precious metals were steady.
- Currency flows: Foreign Institutional Investors (FIIs) remained net sellers (− ₹115.69 crore) while Domestic Institutional Investors (DIIs) were strong buyers (+ ₹5,004.29 crore), cushioning the market.
Key stocks and corporate updates
- Infosys: Shares slipped ~1.3 % as the company’s board met to consider a share‑buyback proposal. The buyback decision was keenly watched by investors, and profit‑taking weighed on the stock ahead of the announcement.
- BSE Ltd. & Angel One: Both exchange‑related stocks fell sharply (BSE ▼ 4.6 % and Angel One ▼ 5.2 %) following reports that the market regulator may end weekly derivatives contracts, which could reduce trading revenues.
- Oil & gas majors: GAIL, BPCL, HPCL and Indian Oil rallied (~1 % to 2 %) after brokerage upgrades highlighted improved refining margins and expectations of higher gas demand.
- Dr Reddy’s Laboratories: Announced acquisition of the STUGERON (cinnarizine) portfolio from Johnson & Johnson for US$50.5 million, expanding its presence in central‑nervous‑system and anti‑vertigo segments.
- L.T. Elevator IPO: The elevator‑manufacturing arm of L&T opened its ₹39.37 crore IPO in a price band of ₹76-₹78 per share. The issue received healthy subscription interest from retail investors.
- Galaxy Medicare IPO: This healthcare consumables company saw better‑than‑expected demand on Day 2 of its public issue, signalling strong investor appetite for mid‑sized offerings.
- Airfloa Rail Technology IPO: The rail‑equipment maker’s IPO was fully subscribed within hours of opening, reflecting investor optimism in infrastructure themes.
- Dev Accelerator IPO: On Day 2, the logistics firm’s IPO was subscribed 8.96 times, with the retail portion nearly 35 times oversubscribed.
Outlook for tomorrow (12 September 2025)
The short‑term outlook remains cautiously optimistic:
- Range‑bound trend expected: After seven straight sessions of gains, indices may consolidate as traders digest the recent rally. Support for the Nifty lies near 24,850-24,900, while resistance is around 25,100–25,200. The Sensex may oscillate between 81,200 and 81,800.
- Macro data and global cues: Investors will monitor U.S. inflation figures and any updates on U.S.–India trade talks. Sustained positive global cues, including expectations of a U.S. rate cut, could support buying interest. However, rupee weakness and continued FII selling may trigger intermittent profit‑taking.
- Sector watch: Oil & gas, PSU banking and energy stocks have momentum and could continue to outperform if crude prices remain benign. IT and auto sectors may remain under pressure due to profit‑booking. Focus will remain on Infosys for any announcement regarding its share‑buyback, as well as on exchange‑operating companies following regulatory developments.
- Corporate events: Fresh IPO listings (Galaxy Medicare, L.T. Elevator, Airfloa Rail Technology, Dev Accelerator) and corporate actions may trigger stock‑specific moves.
Investors are advised to monitor key global developments and company announcements closely, maintain a balanced approach given the range‑bound market, and use dips to accumulate quality stocks in sectors showing fundamental strength.
