Indian Stock Market Trends: Sensex & Nifty Plunge – Key Insights for January 21, 2026
Will the Indian stock market surprise or shock you on September 24, 2025? Dive into the latest Sensex and Nifty 50 trends, stunning gainers and losers, expert picks for top 10 stocks to buy, and the economic signals that could spark a rally—or unleash new risks. Discover sector shifts, earnings twists, and fresh data you must see before making your next big move. The answer isn’t what most expect… are you ready for what’s next?
Wednesday, September 24, 2025 is a pivotal day for the Indian equity market, with major indices like BSE Sensex, NSE Nifty 50, and Nifty Bank holding investor attention amid evolving economic and global conditions. A combination of surging domestic demand, cautious central bank policy, and sector-specific news are shaping the current direction. This post offers a uniquely Indian perspective on trends, key levels, economic backdrop, and the top stocks and sectors to consider for a diversified portfolio in late 2025.
Indian Stock Market Overview
Major Indices: Sensex, Nifty 50, and Nifty Bank
The BSE Sensex closed at 82,102.10, down 57.87 points (-0.07%), resisting a full-blown correction despite negative global cues. The Nifty 50 ended at 25,169.5, down 32.85 points (-0.13%), but held crucial short-term moving averages and is trading above all key exponential averages. Bank Nifty was a bright spot, closing up by 225 points (0.41%) at 55,509.75, thanks to robust buying in PSU banks.
| Index | Closing Value | Daily Change | Noteworthy Insight |
| Sensex | 82,102.10 | -57.87 | Above all key EMAs |
| Nifty 50 | 25,169.5 | -32.85 | Rangebound near support |
| Bank Nifty | 55,509.75 | +225.00 | PSU Banks Outperform |
Volatility Index (India VIX)
India VIX increased slightly to 10.62 (+0.64% over the previous day), but still indicates a low-volatility environment by historic standards.
What to Expect: Technical Outlook for Nifty50 & Bank Nifty
- Range: Expected to trade between 25,000 and 25,500 in the near term, with resistance at 25,240/25,282/25,349 and support at 25,104/25,063/24,995.
- Pattern: Consolidation and mild profit booking after a bullish streak, candlestick signals indicate potential sideways movement.
- Momentum: RSI at 56.79, below overbought threshold—a sign of waning momentum but not outright weakness.
Bank Nifty
- Outlook: Uptrend likely to resume if 55,600 is breached and sustained. Support is at 55,000, with upside targets at 55,900 and 56,500. PSU banks show strong buying interest.
Key Economic Indicators Shaping the Market Narrative
India GDP Growth
India’s GDP surged 7.8% in Q1 FY26, the highest in five quarters. For 2025, projections are:
- OECD Forecast: 6.7%.
- RBI Forecast: 6.7%–6.8% for FY26.
Policy support, strong consumption (helped by enhanced GST slabs), and robust capex have lifted the growth outlook, making India one of the fastest-growing large economies.
CPI Inflation
Headline CPI inflation in August 2025 rose to 2.07%, up 46 basis points from July. Food inflation remains benign, even slightly negative (-0.69%), attributed to good supply, regulatory actions, and softer energy prices. Lower inflation boosts consumer confidence and risk appetite in equities.
The RBI held the repo rate steady at 5.50% in its last two policy meetings (August, June 2025), maintaining a cautious stance despite global uncertainty. The outlook remains “neutral” as inflation cools further, but focus is on monitoring consumption and exports.
- Repo Rate: 5.50% (as of September 2025).
- Policy Stance: Cautious, with inflation projections heading to 4% in FY26.
Unemployment
Official updates indicate moderate job growth with ongoing government efforts. Quarterly Employment Survey puts Q2 2025 unemployment under 7% nationwide—stable but with sectoral variation.
Latest News Impacting Stocks and Sentiment
- Swiggy: Major divestment of Rapido stake in two deals worth ₹2,399 crore could unlock fresh liquidity for expansion.
- HCLTech: Renewed global digital transformation deal signals robust IT sector export demand.
- Bajaj Electricals: Acquisition of Morphy Richards brand for ₹146 crore boosts consumer appliance portfolio.
- Torrent Power: Expanding renewables footprint via strategic power project acquisitions.
- Infosys: Long-term alliance in Swiss telecom drives optimism for mid- and large-cap IT stocks.
Top 10 NSE/BSE Stocks to Buy on 24-09-2025
Methodology:
This selection is based on a blend of valuation metrics (P/E, PEG, dividend yield), growth prospects, sector momentum, and recent events or earnings.
| Stock | Rationale | Sector | P/E/PEG | Dividend | Risk Level | News/Insights |
| HCLTech | Global deals, digital growth | IT Services | Favorable | 1.5% | Moderate | Major European contract |
| Infosys | Strategic expansion | IT Services | Fair | 1.2% | Low-Med | Swiss telecom partnership |
| Bajaj Electricals | Brand portfolio expansion | Consumer Goods | Reasonable | 1.8% | Moderate | Morphy buy |
| Torrent Power | Green energy momentum | Utilities | Low | 2% | Moderate | Renewables push |
| ICICI Bank | Growth, robust earnings | Banking | Low | 1.6% | Low | Steady loan growth |
| Kotak Mahindra Bank | Above-average asset quality | Banking | Fair | 1.7% | Low | Strong digital presence |
| Axis Bank | Strong sector momentum | Banking | Fair | 1.4% | Low-Med | EPS growth |
| Hindustan Unilever | Defensive FMCG play | FMCG | Higher | 1.1% | Low | Consumer resilience |
| JSW Steel | Metals, industrial uptrend | Metals/Steel | Fair | 2.3% | Moderate | Demand boost |
| IndusInd Bank | PSU outperformed | Banking | Fair | 1.5% | Moderate | Leadership role |
This diversified list offers a blend of growth, stability, and resilience across top-performing sectors, informed by current market narratives and fundamentals
Portfolio Tip:
Diversify across IT (Infosys, HCLTech), consumer (Bajaj Electricals, Hindustan Unilever), banking (ICICI, Axis, Kotak, IndusInd), and industrial/metals (JSW Steel, Torrent Power) for sector balance.
Top 10 Gainers and Losers: Market Movers (24-09-2025)
Top 10 Gainers (NSE/BSE)
| Symbol | Sector | % Change |
| EMKAY | Financial | +20.00% |
| BANARBEADS | Manufacturing | +20.00% |
| BCONCEPTS | Services | +19.99% |
| REFEX | Power | +15.93% |
| ASAL | Auto | +14.46% |
| RKEC | Infrastructure | +12.02% |
| TIGERLOGS | Logistics | +11.83% |
| SUBROS | Auto | +10.97% |
| GMDCLTD | Mining | +10.70% |
| ZUARIIND | Fertilizer | +10.59% |
Top 10 Losers (NSE/BSE)
| Symbol | Sector | % Change |
| MOMGF | Chemicals | -16.44% |
| EUROPRATIK | Trading | -8.78% |
| ATGL | Energy | -7.65% |
| HARIOMPIPE | Manufacturing | -6.54% |
| SHRADHA | Realty | -5.78% |
| TOUCHWOOD | Services | -5.54% |
| VCL | Financial | -5.41% |
| XTGLOBAL | IT Services | -5.22% |
| KESORAMIND | Cement | -5.14% |
| REGENCERAM | Ceramics | -5.11% |
Sector Highlights:
- PSU Banks posted the strongest performance among major indices, propelled by Canara Bank, SBI, Union Bank, and Bank of Baroda.
- Metals followed, with Hindustan Copper and JSW Steel making notable gains.
- FMCG and IT stocks were laggards, led lower by profit-booking in companies like Godrej Consumer Products, Radico Khaitan, and Britannia Industries.
Risk Assessment & Diversification Strategy
Risks:
- Near-term consolidation or pullback may occur if global cues worsen, or profit-taking emerges from recent rallies.
- Watch for reversals at key technical levels: Nifty below 25,000 signals sharper fall, above 25,500 triggers potential fresh rally.
- US tariff threats and inflation spikes could affect export-centric sectors.
- Food and energy price rebound remains an external risk, though currently contained.
Diversified Portfolio Suggestion:
- IT/Tech: Infosys, HCLTech
- Banking: ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank
- Metals/Industrials: JSW Steel, Torrent Power
- FMCG/Consumer: Bajaj Electricals, Hindustan Unilever
This blend ensures stability with growth, provides exposure across cyclicals and defensives, and anchors to sectors showing earnings or policy tailwinds.
Final Thought: Navigating the Indian Markets in Late September 2025
With India’s economic engines firing on all cylinders—seen in stellar GDP growth, low inflation, and solid banking momentum—the market is well-poised for strategic sector rotation. While near-term volatility may persist given technical consolidation and global cues, disciplined allocation across the top-performing stocks and sectors remains the best path to outperformance.
Investors should:
- Anchor portfolios in sector leaders.
- React quickly to earnings news and economic policy signals.
- Use technical support/resistance zones for incremental trades.
- Stay diversified to buffer against unforeseen volatility.
The Indian stock market trends for Wednesday, 24-09-2025 set the stage for an exciting blend of growth, opportunity, and dynamism, providing fertile ground for informed, diversified investment strategies in the months ahead
Disclaimer: This professional analysis is for informational purposes and reflects the latest publicly available data as of 23 September 2025. Investment decisions should consider individual objectives and may benefit from consultation with a registered financial advisor.
