Market opens positive, Nifty up 0.30% at 24,728.55, Sensex up by 0.22% at 80,600.86
On September 29, India will be reporting Industrial Production Data and Manufacturing Production data for August 2025.
On Monday, 29th September, NIFTY and SENSEX are back in the green, with Nifty trading at 24,728.55 in the pre-trading session, up 0.30%, while Sensex was up 0.22%, trading around 80,600.86, following positive sentiment in global markets.
Global cues
- The Asian markets traded cautiously, concerned over the US government shutdown, which could halt key economic data releases.
- The U.S. markets were upward, indicating investors’ positive sentiment and economic data.
Gift Nifty
- On September 29, 2025, GIFT Nifty indicated a positive start for the day, reflecting cautious optimism following global market cues and domestic sentiment.
Asian Markets
- Nikkei 225 dropped due to weaker corporate earnings and concerns over a slowdown in Japanese economic activity.
- Hang Seng rose due to the positive sentiment over the easing of property sector tensions in China.
- Taiwan declined after weaker industrial output and concerns over semiconductor industry exports.
- The KOSPI rose due to strong tech performance and foreign fund inflows.
US & European Markets
- The Dow Jones rose due to strong industrial and consumer sentiment.
- The S&P 500 was up, reflecting steady corporate earnings and stability in the tech and finance sectors.
- Nasdaq traded up after the slight recovery in IT stocks.
- European markets rose over positive investment sentiment following Eurozone economic data and strong corporate earnings.
Commodities
- Crude oil prices declined after a fall in expectations of higher supply and easing concerns over oil shortages.
- Precious metals, such as gold and silver, rose as investors sought safe-haven assets amid global uncertainties.
- Natural gas prices rose on seasonal demand and tighter supply in major producing regions.
Currency Movements
- On September 29th, the Dollar Index slipped after global risk sentiment improved. The GBP/INR and EUR/INR declined on weakness in the European currencies, driven by domestic economic concerns.
Sectors to watch
- Metals & Chemicals: China’s industrial recovery creates fluctuations in demand, which can cause stocks of metals and chemicals to experience movement due to global supply disruptions, impacting raw material prices and margins.
- IT & Pharma Exports: The IT and pharmaceutical sector stocks may be impacted by geopolitical developments, trade negotiations, or US/European regulatory changes that affect outsourcing, licensing, or export restrictions.
- Banking & Financials: The banking and financial sector may be influenced by FII outflows, corporate earnings announcements, or regulatory changes.
Stocks to watch
- Azad Engineering: On 26th September, Azad Engineering signed a new Long-term Contract and Price Agreement with Mitsubishi Heavy Electricals, Japan, worth ₹651 crores for the supply of highly engineered, complex rotating and stationary airfoils for advanced gas and thermal power turbine engines.
- Shriram Finance: Shriram Finance made a further investment of ₹300 crore in Shriram Overseas to strengthen its capital base.
- Godrej Agrovet: On 26th September, Godrej Agrovet entered into an MoU with the Ministry of Food Processing Industries of ₹960 crores for setting up manufacturing facilities.
- BEML: BEML entered into an MoU with Bharat Forge and Data Patterns India to support the Advanced Medium Combat Aircraft (AMCA) programme and participate in the Expression of Interest (EoI) floated by the Aeronautical Development Agency (ADA).
FII and DII Inflows - 26th Sep 2025
(The above numbers are in ₹ Cr)
- DII net buying was driven by positive corporate earnings and expectations of stable monetary policy, while FII outflow was due to mixed US economic data.
Global Events & Updates
- On September 29, India will be reporting Industrial Production Data and Manufacturing Production data for August 2025.
- Japan will be releasing its Leading Economic Index today.
- The US is set to release its Home Sales data and Dallas Fed Manufacturing Index for September 2025.
Things to look out for
- China’s Industrial profits increased by 0.9% YoY from January to August 2025 and by 20.4% for August, reflecting a recovery in economic activity.
