Intraday Profit Booking Seen In Selective IT, Pharma Stocks


The Nifty ends 45 points lower, while the Sensex was down by 119 points



Shrikant Chouhan, 

Head Equity Research, 

Kotak Securities:

Mumbai, September 15, 2025: Today, the benchmark indices witnessed lackluster activity. The Nifty ends 45 points lower, while the Sensex was down by 119 points. Among sectors, the Reality index outperformed, rallying over 2.60 percent, whereas intraday profit booking was seen in selective IT and Pharma stocks. Technically, after a muted open, the entire day hovered between the 25,050/81750 to 25,125/82000 ranges. Non-directional intraday activity and a small bearish candle indicate indecisiveness between the bulls and the bears.

For day traders now, 25,050/81750 and 25,000/81500 would act as key support zones, while 25,125/82000 and 25,150/82100 could serve as crucial resistance levels for the bulls. On the higher side, a successful breakout above 25,150/82100 could push the market up to 25,150–25,200/82400-82500. Conversely, below 25,000/81500, it could retest the 50-day SMA (Simple Moving Average) level or 24,900/81200.


Gaurav Garg, Research Analyst Lemonn Markets Desk, adds:

"Indian markets ended Monday’s session on a muted note, with the benchmark indices slipping into the red amid volatile, rangebound trade. The Sensex closed 100 points lower at 81,325, while the Nifty settled below the 25,100 mark at 25,080, weighed down by weakness in auto, IT, and pharma stocks. Broader markets, however, outperformed as the BSE Midcap index gained 0.5 percent and the Smallcap index advanced 0.7 percent, reflecting continued investor interest in select mid- and small-cap counters.

Sectorally, losses were seen in consumer durables, auto, IT, and pharma, which shed between 0.3–0.6 percent. In contrast, buying interest in capital goods, realty, power, and telecom drove gains of 0.5–2.5 percent. Among individual stocks, Jio Financial, UltraTech Cement, Bajaj Finance, Eternal, and L&T emerged as top gainers on the Nifty, while Shriram Finance, Asian Paints, M&M, Cipla, and Dr Reddy’s Labs were the major laggards. Analysts noted that the market is consolidating near record highs, with global cues and the upcoming US Fed policy decision likely to provide the next directional trigger."


Cookie Consent

Our website uses cookies to provide your browsing experience and relavent informations.Before continuing to use our website, you agree & accept of our Cookie Policy & Privacy