Stock Market Update: Nifty closes in red at 25,169.50 (-0.13%), Sensex at 82,102.10 (-0.07%)
Markets ended slightly lower amid IT and FMCG drag, while banking and auto stocks lent resilience.
On Tuesday, 23rd September, Nifty opened at 25,209, with a high of 25,261.90, and closed at 25,169.50. BSE Sensex opened at 82,147.37, with a high of 82,370.38, and closed at 82,102.10.
Reasons for the decline:
There are several reasons for the market decline:
- Sensex and Nifty were down mainly due to the rising concerns over H-1B visa fees and rising pressure from FII outflows.
- Major losers among sectors were Information Technology, Pharma, and Healthcare.
Major Indices Today
- Nifty 50 and Sensex were down mainly because of the weakening of the rupee and a fall in major IT stocks.
- Nifty Bank and Fin Nifty ended with strong resilience with gains in bank and NBFC stocks.
Sectoral Indices Today
- Nifty IT was dragged down by the rising concerns over H-1B visa fees.
- Nifty Auto stocks rallied due to the new GST reforms.
- Nifty FMCG corrected after the recent gains and cost pressure.
- Nifty Pharma and Nifty Healthcare traded flat today as there were no fresh triggers, with stable domestic demand offsetting pricing concerns.
Market Movers Today
- Vodafone Idea shares surged today with the news that the Supreme Court would hear its plea on Friday, 26th September.
- Adani Power stock dropped by 6% at ₹160.25 per share post profit booking by the traders. The share was split on the 22nd September record date.
- Maruti Suzuki stock hit a 52-week high at ₹16,325 ahead of a ‘Buy’ rating from Goldman Sachs. Additionally, after GST 2.0 implementation on 22nd September, there were record sales in the automobile sector, which also led to positive sentiment in the market.
Top Gainers
Top Losers
52W High Stocks
52W Low Stocks
High Volume Stocks Today
IPOs
- Saatvik Green Energy and GK Energy closed today.
- Ganesh Consumer Products and Atlanta Electricals are open for subscription till September 24, 2025, at a price band fixed at Rs. 306 -322 and Rs. 718-754, respectively.
- Seshaasai Technologies and Anand Rathi Share & Stock Brokers opened today for subscription at a price band fixed at Rs. 402-423 and Rs. 393-414, respectively.
Allotment Status
Ivalue Infosolutions IPO shares will be allotted today. Investors can check the allotment status online through the websites of BSE and NSE.
Listed Today
Euro Pratik shares made a market debut with a premium of 10% at ₹212.10 per share on NSE and ₹273.45 per share on BSE.
Market Announcements
- KEC International shares climbed over 7% at ₹937.80 in early trade after the company secured a new order worth ₹3243 crores.
- 360 ONE Portfolio Managers sold its 1.4% shareholding worth ₹76.5 crore in Energy Infrastructure Trust.
