{"id":8554,"date":"2025-09-22T14:38:46","date_gmt":"2025-09-22T14:38:46","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=8554"},"modified":"2025-09-22T14:38:47","modified_gmt":"2025-09-22T14:38:47","slug":"indian-market-wrap-22-sep-2025","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/indian-market-wrap-22-sep-2025\/","title":{"rendered":"Indian Market Wrap\u00a0– 22\u00a0Sep\u00a02025"},"content":{"rendered":"
\"nifty<\/figure>\n\n\n

Major indices<\/h2>\n\n\n\n
Index<\/th>Close<\/th>Change (pts)<\/th>% chg<\/th><\/tr><\/thead>
Nifty 50<\/strong><\/td>25,202.35<\/strong><\/td>\u2013124.70<\/strong><\/td>\u20130.49 %<\/strong><\/td><\/tr>
Sensex<\/strong><\/td>82,159.97<\/strong><\/td>\u2013466.26<\/strong><\/td>\u20130.56 %<\/strong><\/td><\/tr>
Nifty Bank<\/strong><\/td>55,284.75<\/td>\u2013174.10<\/td>\u20130.31 %<\/td><\/tr>
Nifty IT<\/strong><\/td>35,500.15<\/td>\u20131,078.10<\/td>\u20132.95 %<\/td><\/tr>
BSE Mid\u2011cap<\/strong><\/td>58,699.50<\/td>\u2013394.85<\/td>\u20130.67 %<\/td><\/tr>
BSE Small\u2011cap<\/strong><\/td>54,233.63<\/td>\u2013388.41<\/td>\u20130.71 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Sectoral performance<\/h2>\n\n\n\n

\u2022 IT<\/strong> and pharma\/healthcare<\/strong> led the decline; the Nifty IT index tumbled nearly 3 %, while pharma stocks with meaningful U.S. exposure were under pressure.
\u2022 Media<\/strong>, metals<\/strong> and PSU banks<\/strong> outperformed with modest gains.
\u2022 Bank Nifty<\/strong> fell 0.3 %, while financials were broadly flat.
\u2022 Energy<\/strong> shares were mixed: upstream explorers slipped on weaker crude prices, whereas utilities and transmission names held steady.<\/p>\n\n\n\n

Market breadth & statistics<\/h2>\n\n\n\n
Measure<\/th>Data<\/th><\/tr><\/thead>
Advance\/Decline (NSE)<\/strong><\/td>1,037 advancers vs 1,790 decliners (breadth negative).<\/td><\/tr>
Advance\/Decline (BSE)<\/strong><\/td>~1,775 gainers vs 2,511 losers.<\/td><\/tr>
India VIX<\/strong><\/td>~10.56 (up about 6 %, signalling a rise in expected volatility).<\/td><\/tr>
FII\/DII activity<\/strong><\/td>Foreign institutional investors (FIIs) net sold ~\u20b92,910 cr; domestic institutional investors (DIIs) net bought ~\u20b92,583 cr.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Top gainers & losers (Nifty stocks)<\/h2>\n\n\n\n
Top gainers<\/th>% chg<\/th><\/tr><\/thead>
Adani Enterprises<\/strong><\/td>\u2248 +4.2 %<\/strong><\/td><\/tr>
UltraTech Cement<\/strong><\/td>+1.1 %<\/td><\/tr>
Bajaj Finance<\/strong><\/td>+1.4 %<\/td><\/tr>
Adani Ports & SEZ<\/strong><\/td>+1.2 %<\/td><\/tr>
Bajaj Auto\/Hero MotoCorp<\/strong><\/td>+0.4 \u2013 0.9 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Top losers<\/th>% chg<\/th><\/tr><\/thead>
Tech Mahindra<\/strong><\/td>\u2248 \u20133.1 %<\/strong><\/td><\/tr>
TCS<\/strong><\/td>\u2248 \u20133.0 %<\/td><\/tr>
Infosys<\/strong><\/td>\u2248 \u20132.6 %<\/td><\/tr>
Wipro<\/strong><\/td>\u2248 \u20132.2 %<\/td><\/tr>
HCL Tech\/Mphasis\/LTIMindtree<\/strong><\/td>\u20131.7 % to \u20134.8 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

What moved the market?<\/h2>\n\n\n\n

\u2022 H\u20111B visa fee shock<\/strong> \u2013 The U.S. administration announced a one\u2011time USD 100\u202f000 fee for new H\u20111B visa applications. IT companies rely heavily on this visa programme, so the announcement triggered an across\u2011the\u2011board sell\u2011off in large\u2011cap tech stocks such as TCS, Infosys, Wipro and Tech Mahindra. Traders worried about higher costs and slower U.S. hiring.
\u2022 Pharma pressure<\/strong> \u2013 Drug makers with major U.S. exposure, including Sun Pharma and Cipla, faced selling as investors feared tighter visa norms could hamper supply of specialised talent and regulatory approvals.
\u2022 Adani group strength<\/strong> \u2013 Adani Enterprises, Adani Ports and Adani Green Energy rallied following positive commentary on the group\u2019s clean\u2011energy pipeline and robust cash flows. Gains in UltraTech Cement and Bajaj Finance also limited downside.
\u2022 Macro data & liquidity<\/strong> \u2013 FIIs turned heavy sellers (~\u20b92.9 k cr outflow) after continuous buying in previous sessions; DIIs absorbed most of the supply. The rupee softened to around \u20b988.31 per USD while 10\u2011year Indian bond yields edged up to ~6.50 %.
\u2022 Commodities & currency<\/strong> \u2013 Brent crude slipped below $67\/bbl. Gold futures rose (~1.6 %) amid risk\u2011off sentiment.<\/p>\n\n\n\n

Global cues<\/h2>\n\n\n\n

\u2022 U.S. equities closed at record highs last Friday, buoyed by progress in U.S.\u2013China trade talks and optimism over a \u201cmagnificent seven\u201d tech rally. Futures were modestly lower heading into Monday.
\u2022 Asian markets were mixed: Japan\u2019s Nikkei and Hong Kong\u2019s Hang Seng edged higher, while Chinese benchmarks were flat as the PBOC left lending rates unchanged.
\u2022 European stocks slipped as investors awaited euro\u2011zone confidence data.
\u2022 U.S. 10\u2011year yields eased to ~4.13 %; the U.S. dollar index dipped marginally.<\/p>\n\n\n\n

Stocks\/Events to watch<\/h2>\n\n\n\n
Company\/Trigger<\/th>Notes<\/th><\/tr><\/thead>
Larsen & Toubro (L&T)<\/strong><\/td>The renewables arm signed an MoU with ACWA Power to develop green\u2011hydrogen infrastructure in Saudi Arabia. Short\u2011term sentiment could remain buoyant despite a slight fall in the stock.<\/td><\/tr>
Netweb Technologies<\/strong><\/td>Announced a \u20b9450 cr order for its Tyrone AI GPU\u2011accelerated systems; stock jumped ~7\u20138 %. Potential beneficiary of AI & data\u2011centre theme.<\/td><\/tr>
PTC Industries<\/strong><\/td>Subsidiary Aerolloy Technologies commissioned a new remelting furnace; shares gained.<\/td><\/tr>
Rossell Techsys<\/strong><\/td>Signed a long\u2011term contract with Boeing for electrical panel assemblies; the order supports revenue visibility till 2033.<\/td><\/tr>
Hexaware Technologies<\/strong><\/td>Said the U.S. fee hike will have negligible impact as it reduced H\u20111B filings in recent years. Nonetheless, the stock fell along with the IT pack.<\/td><\/tr>
Rajesh Exports<\/strong><\/td>Reported Q1 FY26 net loss despite surging revenue; shares slid ~4 %.<\/td><\/tr>
NBCC India<\/strong><\/td>Secured multiple orders worth ~\u20b9117 cr from HUDCO; stock up ~4 %.<\/td><\/tr>
Sarveshwar Foods<\/strong><\/td>Received a \u20b9329 mn export order; shares gained.<\/td><\/tr>
Upcoming IPOs<\/strong><\/td>Ganesh Consumer Products, Atlanta Electricals, GK Energy and Saatvik Green Energy issues opened on Monday; subscription levels ranged from ~0.1\u00d7 to 6\u00d7.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Technical outlook & levels for Tuesday (23 Sep 2025)<\/h2>\n\n\n\n

\u2022 Nifty 50<\/strong> \u2013 Monday\u2019s session formed a bearish candle on the daily chart. The index has immediate support near 25,150\u201325,200<\/strong>; breaking below 25,150 could lead to a move towards 25,000<\/strong>. Resistance is placed at 25,300<\/strong>, followed by 25,450<\/strong>. A sustained move above 25,300 may trigger a recovery towards 25,600<\/strong>.
\u2022 Bank Nifty<\/strong> \u2013 Support lies at 55,400<\/strong>, with deeper levels at 54,800<\/strong> and 54,000<\/strong>. Resistance is around 55,850\u201356,200<\/strong>.
\u2022 Indicators<\/strong> \u2013 Nifty\u2019s relative strength index (RSI) slipped below 60, suggesting waning momentum. India VIX\u2019s jump signals heightened volatility. Option data show significant call writing at 25,300\u201325,400 strikes and put accumulation near 25,200, implying a narrow trading range.<\/p>\n\n\n\n

Outlook for tomorrow<\/h2>\n\n\n\n

Sentiment is likely to remain cautious as markets digest the implications of the U.S. H\u20111B visa fee and monitor global risk appetite. Technical charts point to a corrective bias; a decisive break below 25,150 could accelerate selling. However, strong domestic macro fundamentals and steady DII inflows may limit downside. Traders should watch U.S. market cues, rupee movement and FII flows. Selective buying could emerge in defensive sectors and PSU banks, while IT and pharma may continue to see profit\u2011booking.<\/p>\n","protected":false},"excerpt":{"rendered":"

Major indices Index Close Change (pts) % chg Nifty 50 25,202.35 \u2013124.70 \u20130.49 % Sensex 82,159.97 \u2013466.26 \u20130.56 % Nifty Bank 55,284.75 \u2013174.10 \u20130.31 % Nifty IT 35,500.15 \u20131,078.10 \u20132.95 % BSE Mid\u2011cap 58,699.50 \u2013394.85 \u20130.67 % BSE Small\u2011cap 54,233.63 \u2013388.41 \u20130.71 % Sectoral performance \u2022 IT and pharma\/healthcare led the decline; the Nifty IT index tumbled nearly 3 %, while pharma stocks with meaningful U.S. exposure were under […]<\/p>\n","protected":false},"author":9,"featured_media":8213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[512],"tags":[],"class_list":["post-8554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/8554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=8554"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/8554\/revisions"}],"predecessor-version":[{"id":8555,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/8554\/revisions\/8555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/8213"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=8554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=8554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}