Market Wrap

Indian equities staged a strong rebound on 17 September 2025, with the Nifty 50 climbing 0.68% to close just shy of 25,250. After a muted start, buying momentum picked up across autos, energy, IT, and realty, while expiry-driven short covering in the second half triggered a decisive breakout past 25,200. The rupee’s 16-paise gain to 88.05/$ also aided sentiment. Globally, U.S. markets posted modest gains, but Asian peers traded flat and European stocks slipped, leaving Indian equities largely driven by domestic flows and event-based positioning. Optimism ahead of the U.S. Fed policy review and the arrival of an American delegation for bilateral trade talks further bolstered investor appetite, raising hopes of progress on both monetary easing and trade negotiations.

What's Ahead

Momentum remains tilted towards the bulls, with near-term Nifty support placed at 25,150–25,100 and resistance at 25,280–25,360. Traders will closely watch the U.S. Fed’s policy outcome, where even a dovish tilt could extend the rally. Meanwhile, developments from U.S.–India trade talks could be a key catalyst for export-oriented sectors. Sectors sensitive to policy easing—such as banks, IT, and autos—are likely to remain in focus as markets test higher levels.

Market Snapshots

Institiutional Activity

Sectoral Performance

Technical Outlook

Nifty 50

The Nifty 50 surged 169.9 points (+0.68%) to settle at 25,239.1, with a strong 42/50 stock participation, led by Kotak Bank, LT, and M&M. The index held its intraday gains and closed near the day’s high of 25,261.40, reflecting sustained bullish momentum. RSI is nearing 70, suggesting overbought territory, which may trigger some profit-booking in the near term. Support lies at 25,037/24,912, while resistance is placed at 25,441/25,566. A sustained close above 25,250 could open the gates for a rally towards 25,600.

Bank Nifty

Bank Nifty added 259.75 points (+0.47%) to close at 55,147.6, with 8 of 12 constituents advancing. Gains were driven by Kotak Bank, Axis Bank, and SBI, offsetting HDFC Bank’s mild weakness. The index respected its support zone near 54,800 and closed near its intraday high, signaling strength. RSI at 60 indicates steady upward momentum without being overbought. Immediate support stands at 54,764/54,527, while resistance is seen at 55,531/55,768. Sustaining above 55,200 could accelerate buying interest.

Sensex

The Sensex jumped 594.95 points (+0.73%) to close at 82,380.69, with 28 of its 30 constituents in the green. Autos and banking names like Kotak Bank, LT, and M&M led the rally, supported by Bharti Airtel and TCS, while only Bajaj Finance and Asian Paints slipped. The index is firmly holding above 82,000, and momentum indicators show room for further upside. Near-term support is at 81,743/81,349, while resistance is placed at 83,018/83,412. A breakout above 83,400 could trigger fresh record highs.

FINNIFTY

FINNIFTY advanced 102.25 points (+0.39%) to end at 26,495.3, supported by strong gains in Cholamandalam Finance and Kotak Bank. However, HDFC Bank and select NBFCs capped the upside, keeping breadth moderately positive at 11:9. The index continues to consolidate within a narrow range, suggesting cautious optimism. Support is placed at 26,280/26,140, while resistance is at 26,670/26,810. A close above 26,800 would be a bullish trigger for higher levels.