India Stocks Review
Nifty 50 at over 2-mo high buoyed by banking, auto shrs
This story was originally published at 17:41 IST on 16 September 2025
Register to read our real-time news.Informist, Tuesday, Sept. 16, 2025
By Simran Rede
MUMBAI – The Indian equity market ended Tuesday's session in positive territory with the Nifty 50 closing at its highest level in more than two months and the BSE Sensex at its highest in over a month. Financial services and automobile stocks gave the Nifty 50 a leg-up after the benchmark index took a breather Monday from its earlier eight-session rally powered by positive sentiment from the restructuring of the goods and services tax.
The Nifty 50 settled at 25239.10 points, up 169.90 points or 0.7%. The BSE Sensex ended at 82380.69 points, up 594.95 points or 0.7%. Both benchmark indices rose gradually after making a muted start on the day. The Nifty 50 closed above 25000 points for the fourth successive session.
The resumption of trade negotiations between India and the US improved the market's sentiment. Representatives of both sides met in New Delhi Tuesday to discuss ways to take the negotiations forward. Meanwhile, the trade deal between the US and China in Madrid, Spain, Monday lifted the mood of investors in most global markets. US President Donald Trump said on his Truth Social platform that the meeting went "very well". Trump said he would speak with his Chinese counterpart Xi Jinping Friday.
The rise in the Nifty 50 was "supported by aggressive put writing throughout the session", Vipin Kumar, assistant vice-president of equity research and senior derivatives analyst at Globe Capital Market, said. The buying seen in some private-sector banks was fuelled by expectations of the US Federal Reserve cutting the Fed funds rate. The CME FedWatch tool suggested a 96.1% probability of the Fed reducing its key interest rate by 25 basis points.
Renewed optimism on the India-US trade negotiations also attracted buying interest from investors. A team led by Brendan Lynch, assistant US trade representative for South and Central Asia, has arrived in New Delhi to meet commerce ministry officials. "This is not an official round of negotiations, but it will definitely be a discussion on the trade talks and on trying to see how we can reach an agreement between India and the US," BBC quoted Rajesh Agrawal, who is leading the discussions on India's behalf, telling local media Monday.
The Nifty Bank and Nifty Financial Services indices closed in positive territory for the tenth straight session Tuesday. The Nifty Bank has risen 2.8% and the Nifty Financial Services has gained 3.6% over this period. Kotak Mahindra Bank rose 2.6% and was the top gainer in the Nifty 50.
Automobile stocks also powered the gains in the market, with the Nifty Auto ending 1.4% higher. All stocks in the index closed in positive territory. Nifty Realty and Nifty Infrastructure were also among the top gainers in the sectoral indices, behind the Nifty Auto. Both indices rose over 1?ch. Bucking the trend, the Nifty FMCG closed 0.3% lower, the only sectoral index to end in negative territory.
The rise in automobile stocks Tuesday was in anticipation of better sales growth during the festival season starting Sept. 22, the first day of Navratri. Analysts said the impact of the GST cut on different vehicle categories is being felt on the ground, with more enquiries from customers and increased showroom visits. The likely India-European Union trade deal is also seen as a positive, especially for auto ancillary companies, they said.
Among the top gainers in the Nifty 50, Larsen & Toubro rose over 2?ter the company announced two order wins. The company has bagged a "significant" order from the Nuclear Power Corp. of India to build electric reactors for a nuclear power project. The company also received a "large" order for the Mumbai-Ahmedabad bullet train project from the National High Speed Rail Corp.
Shares of Redington surged on huge volumes with 109.21 million shares being traded Tuesday, over 105 times higher than those traded Monday. It was over 47 times higher than the three-month daily average volume of 2.3 million shares. This marks the stock's biggest single-day gain since March 2021.
Vodafone Idea fell 2.5% and was the worst hit stock in the Nifty 200, likely on profit sales following its rise Monday. The stock had risen Monday on reports that the Supreme Court would hear Friday its plea for relief on adjusted gross revenue dues. The company has filed a petition against the telecom department's additional demand for AGR dues for the period till the financial year 2016-17 (Apr-Mar), stating that the dues claimed were above and beyond the AGR dues decided by the Supreme Court in 2020.
* Of the Nifty 50 stocks, 41 rose, 9 fell
* Of the Sensex stocks, 27 rose and 3 fell
* On the NSE, 2,005 stocks rose, 1,059 fell, and 88 were unchanged
* On the BSE, 2,507 stocks rose, 1,606 fell, and 196 were unchanged
* Nifty Auto: up 1.4%; Nifty Realty: up 1.1%; Nifty FMCG: down 0.3%
BSE NSE
Sensex: 82380.69, up 594.95 points or 0.7% Nifty 50: 25239.10, up 169.90 points or 0.7%
|
S&P BSE Sensitive Index |
Nifty 50 |
|
Lifetime High: 85978.25 (Sept. 27, 2024) |
: Lifetime High: 26277.35 (Sept. 27, 2024) |
|
Record Close High: 85836.12 (Sept. 26, 2024) |
: Record Close High: 26216.05 (Sept. 26, 2024) |
|
2025 1st day close: 78507.41 (Jan. 1) |
: 2025 1st day close: 23742.90 (Jan. 1) |
|
2025 Closing High: 84058.90 (Jun. 27) |
: 2025 Closing High: 25637.80 (Jun. 27) |
|
2025 Closing Low: 72989.93 (Mar. 4) |
: 2025 Closing Low: 22082.65 (Mar. 4) |
|
2025 High (intraday): 84099.53 (Jun. 30) |
: 2025 High (intraday): 25669.35 (Jun. 30) |
|
2025 Low (intraday): 71425.01 (Apr. 7) |
: 2025 Low (intraday): 21743.65 (Apr. 7) |
|
2024 1st day close: 72271.94 (Jan. 1) |
: 2024 1st day close: 21741.90 (Jan. 1) |
|
2024 Closing High: 85836.12 (Sept. 26) |
: 2024 Closing High: 26216.05 (Sept. 26) |
|
2024 Closing Low: 70370.55 (Jan. 23) |
: 2024 Closing Low: 21238.80 (Jan. 23) |
|
2024 High (intraday): 85978.25 (Sep. 27) |
: 2024 High (intraday): 26277.35 (Sept. 27) |
|
2024 Low (intraday): 70001.60 (Jan. 24) |
: 2024 Low (intraday): 21137.20 (Jan. 24) |
|
2023 1st day close: 61167.79 (Jan. 2) |
: 2023 1st day close: 18197.45 (Jan. 2) |
|
2023 Closing High: 72410.38 (Dec. 28) |
: 2023 Closing High: 21778.70 (Dec. 28) |
|
2023 Closing Low: 59288.35 (Feb. 27) |
: 2023 Closing Low: 17311.80 (Oct. 17) |
|
2023 High (intraday): 72484.34 (Dec. 28) |
: 2023 High (intraday): 21801.45 (Dec. 28) |
|
2023 Low (intraday): 58699.20 (Jan. 30) |
: 2023 Low (intraday): 17098.55 (Jan. 17) |
|
2022 1st day close: 59183.22 (Jan. 3) |
: 2022 1st day close: 17625.70 (Jan. 3) |
|
2022 Closing High: 63284.19 (Dec. 1) |
: 2022 Closing High: 18812.50 (Dec. 1) |
|
2022 Closing Low: 51360.42 (Jun. 17) |
: 2022 Closing Low: 15293.50 (Jun. 17) |
|
2022 High (intraday): 63583.07 (Dec. 1) |
: 2022 High (intraday): 18887.60 (Dec. 1) |
|
2022 Low (intraday): 50921.22 (Jun. 17) |
: 2022 Low (intraday): 15183.40 (Jun. 17) |
|
2021 Closing High: 61305.95 (Oct. 14) |
: 2021 Closing High: 18338.55 (Oct. 14) |
|
2021 Closing Low: 46285.77 (Jan. 29) |
: 2021 Closing Low: 13634.60 (Jan. 29) |
|
2021 High (intraday): 61353.25 (Oct. 14) |
: 2021 High (intraday): 18350.75 (Oct. 14) |
|
2021 Low (intraday): 46160.46 (Jan. 29) |
: 2021 Low (intraday): 13596.75 (Jan. 29) |
|
2020 Closing High: 47751.33 (Dec. 31) |
: 2020 Closing High: 13981.95 (Dec. 30) |
|
2020 Closing Low: 25981.24 (Mar. 23) |
: 2020 Closing Low: 7610.25 (Mar. 23) |
|
2020 High (intraday): 47896.97 (Dec. 31) |
: 2020 High (intraday): 14024.85 (Dec. 31) |
|
2020 Low (intraday): 25638.90 (Mar. 24) |
: 2020 Low (intraday): 7511.10 (Mar. 24) |
|
2019 High (intraday): 41809.96 (Dec. 20) |
: 2019 High (intraday): 12293.90 (Dec. 20) |
|
2019 Low (intraday): 35287.16 (Feb. 19) |
: 2019 Low (intraday): 10583.65 (Jan. 29) |
|
2018 High (intraday): 38938.91(Aug. 28)) |
: 2018 High(intraday): 11760.20 (Aug. 28) |
|
2018 Low (intraday): 32483.8 (Mar. 23) |
: 2018 Low (intraday): 9951.9 (Mar. 23) |
|
2017 High (intraday): 34005.37 (Dec. 26) |
: 2017 High(intraday): 10515.10 (Dec. 26) |
End
Edited by Rajeev Pai
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