The Nifty ended with a gain of 91 points, while the Sensex was up by 313 points
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, September 17, 2025: Today, the benchmark indices continued their positive momentum. The Nifty ended with a gain of 91 points, while the Sensex was up by 313 points. Among sectors, the PSU Bank Index outperformed, rallying over 2.60 percent, whereas consumer and selective Metal stocks registered intraday profit booking at higher levels.
Technically, after a promising opening, the entire day witnessed range-bound activity . However, the short-term market outlook remains positive. We believe that 25,200/82500 and 25,150/82200 are key support zones for trend-following traders. As long as the market trades above these levels, the uptrend is likely to continue. On the higher side, the index could move up to 25,400-25,500/83000-83200. Conversely, below 25,150/82200, traders may consider exiting their long positions.
Gaurav Garg, Research Analyst Lemonn Markets Desk, adds Indian equity markets closed higher on September 17, with the Nifty reclaiming the 25,300 mark amid firm buying in auto, PSU bank, IT, and oil & gas stocks. The Sensex rose 313 points to end at 82,693.71, while the Nifty gained 91 points to settle at 25,330.25. Market breadth remained positive with 2,311 stocks advancing against 1,655 declining.
Tata Consumer, SBI, BEL, Kotak Mahindra Bank, and Maruti Suzuki were among the top gainers, while HDFC Life, Tata Steel, Bajaj Finserv, Titan, and SBI Life Insurance dragged. Sectorally, FMCG, consumer durables, telecom, and metals closed in the red, whereas auto, PSU banks, IT, and oil & gas outperformed, rising between 0.5–2.6%. In the broader market, the BSE Smallcap index gained 0.5%, while the Midcap index ended flat.
Globally, investor focus remained firmly on the US Federal Reserve’s upcoming policy decision. While a 25-basis-point cut is widely expected, speculation around a sharper 50-basis-point cut has intensified following softer economic data. August jobs growth slowed to just 22,000, unemployment edged up to 4.3%, and inflation cooled to 2.9%—a mix that gives the Fed more room to pivot toward growth-supportive policy after two years of tightening. Markets are now recalibrating for a potentially more dovish Fed stance, which could have broad implications for risk assets, including Indian equities.
