the Nifty ends 96 points higher while the Sensex rose by 314 points
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, September 9, 2025: Today, the market continued its positive momentum, with the Nifty ends 96 points higher while the Sensex rose by 314 points. Among sectors, the IT Index was the top performer, rallying 2.70 percent, whereas intraday profit booking was seen in selective Realty stocks. Technically, after an early morning intraday dip, the market took support near 24,800/80900 and reversed. On daily charts, it has formed a small candle, and on intraday charts, it is holding an uptrend continuation formation.
We are of the view that currently the market is experiencing positive consolidation. For day traders, the key support zone is now 24,800-24,750/80900-80750. As long as the market trades above this, the bullish sentiment is likely to continue. On the higher side, 25,000/81500 would act as a crucial resistance zone. A successful breakout above 25,000/81500 could push the market up to 25,100-25,150/81800-82000. Conversely, below 24,750/80750, the uptrend would become vulnerable.
Gaurav Garg, Lemonn Markets Desk, adds Indian equities closed higher on September 9, led by a strong rebound in IT stocks. The Sensex gained 314 points to end at 81,101, while the Nifty climbed 95 points to settle at 24,869, inching closer to the 24,900 mark. Market breadth remained mixed with 1,893 stocks advancing and 2,028 declining, while broader indices saw modest gains of 0.2% each in midcap and smallcap segments.
Sectorally, IT led the rally with a sharp 2.8% jump as heavyweights Infosys, Wipro, and Tech Mahindra surged, supported by renewed optimism around U.S. rate cut prospects and strong demand commentary. Pharma and FMCG indices also added 0.5% each, while realty and oil & gas indices slipped 0.3% amid profit booking. Among the top Nifty performers were Infosys, Dr Reddy’s, Wipro, Tech Mahindra, and Adani Ports, while Eternal, Trent, Jio Financial, Tata Motors, and Titan ended as major laggards.
