Key Index Performance
| Index | Close | Change (pts) | % Change |
|---|---|---|---|
| NIFTY 50 | 25,069.20 | -44.8 | -0.18 % |
| BSE Sensex | 81,785.74 | -118.96 | -0.15 % |
| NIFTY Bank | 54,887.85 | +78.55 | +0.14 % |
| NIFTY IT | 35,902.20 | -208.55 | -0.58 % |
| BSE SmallCap | 53,903.19 | +354.70 | +0.66 % |
| NIFTY MidCap | (approx.) | +0.44 % | — |
Sectoral Snapshot
| Sector (Nifty) | Direction | Daily move (approx.) |
|---|---|---|
| Realty | Top gainer | +2.4 % |
| Capital goods, power, telecom | Gained | +0.5 – 2.5 % |
| Small- & mid-caps | Firm | MidCap +0.4 %, SmallCap +0.7 % |
| Consumer durables, auto, IT, pharma | Weaker | -0.3 to -0.6 % |
| IT index | Main drag | -0.6 % |
| Pharma index | Decline | -0.6 % |
Top Gainers & Losers
| Top gainers | Change | % Change | Top losers | Change | % Change |
|---|---|---|---|---|---|
| Ircon International | +₹11.36 | +6.6 % | KRBL | -₹42.56 | -9.5 % |
| Vodafone Idea | +₹0.49 | +6.3 % | Foce India | -₹64.00 | -4.8 % |
| MobiKwik Systems | +₹18.65 | +6.3 % | Thyrocare Technologies | -₹33.91 | -2.8 % |
| Asahi India Glass | +₹46.90 | +5.5 % | Metro Brands | -₹33.10 | -2.6 % |
| Jio Financial Services | +₹4.15 | +1.3 % | Asian Paints, M&M, Titan, Infosys | — | down 1–3 % |
Key Statistics & Market Internals
- Currency – The Indian rupee finished around ₹88.21 per US $ (slightly firmer compared with ₹88.27 the previous session).
- FII/DII flows – Net foreign institutional inflow on Friday (latest available) was around ₹130 crore, while domestic institutions bought over ₹1,550 crore.
- Market breadth – NSE advance/decline ratio was balanced (~1532 advances vs 1288 declines), indicating broader participation despite headline weakness.
- Volatility – India VIX rose about 2 %, suggesting some pickup in short‑term hedging ahead of the US Fed meeting.
What Moved the Market
- Caution ahead of central‑bank meetings – Investors remained guarded as 16 central banks, led by the US Federal Reserve, will announce policy decisions this week. A 25‑bp Fed rate cut is widely expected, but markets are looking for guidance on future rate paths.
- Profit‑booking in IT and consumer names – Heavyweight IT and consumer‑facing sectors saw profit‑taking after last week’s strong rally, dragging benchmarks lower.
- Global uncertainty & macro data – Mixed economic readings and geopolitical tensions kept Asian markets choppy. Domestic investors are also awaiting India’s inflation and trade data.
- Broader optimism on consumption and trade deals – Hopes of earnings recovery in the second half of FY26, tax relief measures and progress in India‑US trade negotiations underpinned sentiment, limiting the downside.
- Sub‑index divergences – Realty shares jumped after local authorities proposed easing building‑height limits in Noida. Defence stocks gained on a new procurement framework. Small‑cap and mid‑cap indices outperformed due to ongoing retail flows.
Global Cues
- Asia mixed – Japan’s Nikkei (+0.9 %), South Korea’s Kospi (+0.5 %) and Hong Kong’s Hang Seng (+0.5 %) were modestly higher, while Taiwan and Singapore were marginally lower.
- US & Europe – S&P 500 and Nasdaq futures were flat; Dow Jones futures up ~0.2 %. European Stoxx 600 gained 0.3 %. A Fed rate cut is expected to weaken the US dollar and drive flows into emerging markets.
- Commodities – Aluminium futures fell on low demand, whereas zinc futures rose due to pickup in demand.
Corporate Updates & Stocks to Watch
- Adani Power – Signed a 25‑year deal with the Bihar state utility to build a 2,400 MW thermal power plant; potential boost to order book.
- Dr Reddy’s Laboratories – Received a Form 483 with five observations from the US FDA at its Hyderabad biologics plant; management will address issues.
- Diamond Power Infrastructure – Won a ₹236 crore conductor‑wire order from Adani Energy Solutions.
- Vedanta – Its subsidiary Talwandi Sabo Power resolved a long‑running dispute with SEPCO Electric Power; all arbitration withdrawn.
- Aditya Birla Capital – Raised ₹3,400 crore via private placement of secured NCDs.
- Shakti Pumps – Secured a ₹374 crore order from the Maharashtra state utility for solar pump installations.
- Info Edge – Investigating a whistle‑blower complaint about policy violations at its 99acres real‑estate unit; no financial impact reported yet.
- GMR Airports – Reported a 3.5 % dip in August passenger traffic; domestic traffic steady, but international growth moderates.
- Railtel – Shares surged on a ₹2.1‑billion order.
- KRBL – Tumbled after an independent director resigned citing governance concerns.
- SEBI approvals – Markets regulator cleared Pine Labs’ IPO proposal.
- Dividends – Maharashtra Scooters (Bajaj Group) announced a massive interim dividend of ₹160 per share (1,600 % of face value). Balmer Lawrie & Co. and other firms go ex-dividend on 16 September.
Technical Levels & Outlook for Tomorrow (16 September 2025)
- NIFTY 50 – A Tweezer‑Top candle has formed, signalling a pause after the eight‑day uptrend. Immediate support lies near 24,900 (around the 50‑day moving average). Resistance sits at 25,150; a breakout could trigger a run toward 25,300. The bias remains positive above 24,900, so traders may look to buy on dips with a stop‑loss below this level.
- Bank Nifty – Closed near 54,900. Immediate resistance is around 55,600, with strong resistance at 55,800. Support zones are at 54,600 and 54,400. Technical indicators tilt bullish, but moves may be volatile ahead of the Fed meeting.
- Expected tone – Range‑bound with a positive bias. Volatility may remain elevated as global central‑bank decisions unfold. Broader markets (mid‑ and small‑caps) could continue to see selective buying. Sectors tied to consumption, BFSI, capital goods and realty might outperform on dips, while IT and pharma could remain under pressure if profit‑booking persists.
