Stock Market Highlights: Sensex snaps 3-day winning run, ends 388pts down; IT, FMCG dip; PSBs rally

Stock Market highlights on September 19: Sectorally, the Nifty PSU Bank index outperformed, closing with gains of 1.28 per cent

3:51 PM

Stock Market LIVE Updates: Closing View

Stock Market LIVE Updates: Closing View

Indian equities edged lower after three consecutive sessions of gains as selling pressure emerged at higher levels. Nifty50 closed with a loss of 97 points at 25,327 (-0.4 per cent). Nifty Midcap100 and Smallcap100 indices ended marginally higher, outperforming the benchmarks. Sectoral indices showed mixed movement, with PSU banks leading with 1.3 per cent gains alongside pharma index (up 0.5 per cent);  while losses were seen in IT, private banks, financial services, auto and FMCG, reflecting selective buying in the market.

IT index dropped by 0.5 per cent, snapping three-day gaining streak on profit booking after Fed rate cut-led rise. Bank Nifty slipped 0.5 per cent after a 12-session rally, as investors booked profits in select heavyweights.

On the institutional front, FII were net buyers on Thursday, adding equities worth 367crore which lent support to the market sentiment.

Overall, we expect the market to remain firm with a positive bias, aided by a potential consumption boost as the GST rate cuts become effective from September 22nd along with Navratri festivities beginning from the same day which should further push demand. Outlook for export-oriented sectors is also likely to improve, supported by the US Fed’s recent rate cut and encouraging progress in the India–US trade talks.

 

View by: Siddhartha Khemka, head of research, wealth management at Motilal Oswal Financial Services

3:46 PM

Stock Market LIVE Updates: Week’s market round-off view

Stock Market LIVE Updates: Week’s market round-off view
 

Indian equity markets delivered positive weekly returns amid broader strength in the global equities. 

Rally in the global markets was supported by the 25 bps rate cut announced by the US Fed. In India, the larger indices like Nifty 50 and Sensex 30 moved higher this week by around 1 per cent.

The midcap and smallcap index outperformed the larger peers with BSE Midcap and BSE Smallcap index posting weekly gains of 1.5-2 per cent.

In view of positive momentum, almost all the key sectoral indices posted positive returns. BSE Realty index led with gains of 4 per cent whereas the FMGC index was an underperformer with flattish returns. India’s CPI inflation was 2.1 per cent in August, as food prices contracted by 0.7 per cent.

The GST rate cuts is expected to keep the inflation trajectory under control in the next few quarters.  GST rate cut comes into effect from next week and that is expected to keep consumption and other stocks benefiting from lower GST rate in focus. Markets would continue to look for clarity on the US tariff situation and its impact on economic growth.

 
View by: Shrikant Chouhan, head of equity research at Kotak Securities

3:43 PM

Stock Market LIVE Updates: Closing View

Stock Market LIVE Updates: Closing View

The markets ended marginally lower as short-term traders booked profits in the absence of fresh positive triggers, reflecting a cautious undertone in sentiment. Rising NBFC delinquencies—particularly in microfinance and vehicle loans led to profit booking in financials. Sluggish Q2 earnings in IT and consumer sectors, coupled with stretched valuations, are testing investor confidence. Even as the US Fed’s rate cut provides some relief, persistent domestic headwinds are driving bouts of profit-booking and keeping sentiment guarded.

 

On the technical front, the Nifty 50’s Hanging Man formation near the 25,500 resistance slope confirmed selling pressure, with intraday support briefly holding at 25,285 before momentum faded. Options data highlights key battle zones—Put OI build-up at 25,300 is offering near-term support, while nearly 2 crore Call contracts at 25,400 are capping upside moves. Immediate support rests at 25,230, and a decisive breach could open the door to 25,150–25,000. On the upside, only a strong close above 25,500–25,600–26,000 can revive bullish momentum.

 

On a broader trend, the weekly chart remains constructive. The formation of Three White Soldiers signals that buyers are still active on declines, with 25,000 acting as a critical swing support where value buying could re-emerge.

 

For the Bank Nifty, OI concentration around 55,500 provides a sturdy floor, while resistance is stacked at 56,000–56,500. A sustained breakout above 55,800 could extend the rally toward 56,000–56,500, but a slip below 55,550 may drag the index back to 55,000. The higher-high, higher-low structure remains intact, reflecting underlying strength despite near-term volatility.

View by: Ponmudi R, CEO of Enrich Money, a Sebi-registered online trading and wealth tech firm. 

 

3:40 PM

Stock Market LIVE Updates: Sector Check

Stock Market LIVE Updates: Sector Check

-- Nifty Consumer Durables and Private Bank indices were top sectoral losers, down 0.65 per cent each 


-- Nifty PSU Bank wa sthe top gainer, up 1.28 per cent, followed by, Realty (0.55 per cent) and Pharma (0.50 per cent)

3:38 PM

Stock Market LIVE Updates: Broader markets end marginally higher

Stock Market LIVE Updates: Broader markets end marginally higher

- Nifty SmallCaap 100 index settled 0.15 per cent higher 

- Nifty MidCap 100 index closed 0.04 per cent higher 

3:34 PM

Stock Market LIVE Updates: Index heatmap

Stock Market LIVE Updates: Index heatmap

-- Adani Ports, SBI and NTPC were among the top gainers on BSE

-- HCLTech, ICICI Bank and Trent were the top drags.

3:33 PM

Stock Market LIVE Updates: Sensex ends 388 pts lower

Stock Market LIVE Updates: Sensex ends lower

-- Sensex settles 0.47 per cent or 387.73 points lower at 82,626.23 levels.
 

 

3:32 PM

Stock Market LIVE Updates: Nifty ends 97 pts lower

Stock Market LIVE Updates: Nifty ends lower

-- Nifty ends at 25,327.05, down 96.55 points or 0.38 per cent

3:28 PM

Stock Market LIVE Updates: IPO Calendar: 25 new issues to raise ₹6,300-cr next week; 9 firms to debut

Stock Market LIVE Updates: Next week promises to be a busy one for primary market investors, with 25 new IPOs opening for subscription, targeting a total fundraise of over ₹6,323 crore across both mainboard and SME segments. In the mainboard segment, nine IPOs are scheduled to open, targeting a combined fundraising of over ₹5,464 crore. Meanwhile, the SME segment is expected to see 16 fresh public issues opening for subscription. READ MORE

3:25 PM

Stock Market LIVE Updates: Radico up 52% in 7 months; JM Financial initiates coverage with 'Buy' call

Stock Market LIVE Updates: Shares of Radico Khaitan hit a new high of ₹3,068.65, as they gained 2 per cent on the BSE in Friday’s intra-day trade in an otherwise weak market. In comparison, the BSE Sensex was down 0.36 per cent at 82,711 at 02:53 PM.

 

In the past week, the stock price breweries and distilleries company has outperformed the market, rallied 7 per cent, as compared to a 1 per cent rise in the BSE Sensex. In the past seven months, the market price of Radico Khaitan has appreciated by 52 per cent. READ MORE

3:22 PM

Stock Market LIVE Updates: Adani's regulatory challenges not over as other Sebi probes continue

Stock Market LIVE Updates: India’s market regulator is still investigating some accusations leveled by US short seller Hindenburg Research against the Adani Group, according to people familiar with the matter, signaling that the conglomerate received only a partial reprieve with Thursday’s orders.

 

There are some pending investigation strands, such as whether the Gautam Adani-led group has followed minimum public shareholdings guidelines, still before the Securities and Exchange Board of India, or Sebi, said one of the people. At least three to four cases are still being examined, another person said. These people spoke on the condition of anonymity as the information is not public. READ MORE

3:15 PM

Stock Market LIVE Updates: Big dividend week ahead: 109 stocks to watch for passive income; full list

Stock Market LIVE Updates: Dalal Street investors focused on dividend income will have a busy week ahead, as shares of 109 companies are set to trade ex-dividend between Monday, September 22 and Friday, September 26, 2025, according to BSE data.

 

Investors aiming to qualify for dividend payouts need to buy these stocks before their ex-dividend date, as shares begin trading without the dividend entitlement from the ex-date onward. Those purchasing the shares on or after the ex-dividend date will not be eligible for the upcoming dividend, even if they hold the stock on the record date.

 

Among the marquee companies going ex-dividend next week are Bajaj Holdings & Investment, Bengal & Assam Company, Maharashtra Scooters, Premier Explosives, Sunteck Realty, BEML, and Gujarat Fluorochemicals. These firms have declared interim, final, or special dividends, presenting opportunities for income-focused investors. READ MORE

3:10 PM

Stock Market LIVE Updates: Auto discounts may shrink as GST reforms set to spur demand: Report

Stock Market LIVE Updates: As the revised Goods and Services Tax (GST) reforms are set to come into effect on September 22, a Motilal Oswal report suggests that automakers are likely to either reduce discounts or stop offering them altogether, as the new rate cuts are expected to lift demand.

 

The report said that with a pick up in demand, discounts can gradually be reduced across categories, thereby helping drive margin expansion for automakers.

 

Anticipating a recovery in demand and improved earnings, Motilal Oswal has raised its FY26 and FY27 volume growth projections across all key automobile segments in its latest report. It further suggests that the premiumisation trend, where consumers increasingly opt for higher-end models, is likely to continue. READ MORE

3:02 PM

Stock Market LIVE Updates: Markets at 3 PM

Stock Market LIVE Updates: Equity markets remained in the negative zone on Friday amid profit booking at higher levels. 

The BSE Sensex started flat in the negative zone, but soon came under selling pressure to fall over 500 points in the intraday trade. At 3 PM, the 30-stock benchmark index was at 82,652, lower by 362 points or 0.44 per cent.

Similarly, the Nifty50 index hit a low of 25,286 during the day before quoting at 25,336, down 87 points or 0.34 per cent, at the time of this market update.

In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were holding gains, up 0.1 per cent each.

 

2:56 PM

Stock Market LIVE Updates: Intense Technologies shares zoom 44% in 2 days

Stock Market LIVE Updates: Shares of Intense Technologies surged 20 per cent to ₹127.46 on the BSE in Friday’s intra-day trade on the back of heavy volumes. A combined 4.37 million equity shares, representing 18.6 per cent of total equity of the company, changed hands on the NSE and BSE. The company’s market capitalisation stood at ₹291 crore. READ MORE