Last Updated on September 19, 2025 8:43 pm by BIZNAMA NEWS
BIZ DESK
Benchmark domestic equity indices, Sensex and Nifty, opened lower and extended their losses through the session, ending in the red on Friday. The Sensex lost 388 points or 0.47 per cent, to close at 82,626, while Nifty decreased 97 points or 0.38 per cent, to settle at 25,327. The broader market indices at the Bombay Stock Exchange closed in mixed zone. The Mid-Cap index declined by almost 0.1 per cent, while Small-Cap index moved up nearly 0.2 per cent.
Equity Markets End Lower; IT & Banking Drag, Adani Group Stocks Rally
Mumbai, Friday: After three consecutive sessions of gains, Indian equity benchmarks slipped into negative territory on Friday as profit booking in IT and banking heavyweights weighed on sentiment. However, a strong rally in Adani Group stocks, following SEBI’s clean chit on Hindenburg allegations, capped the downside.
The Sensex closed at 82,626.23, down 387.73 points or 0.47%, after touching an intraday low of 82,485.92. The Nifty 50 settled at 25,327.05, lower by 96.55 points or 0.38%.
Adani Group Stocks in Focus
Adani counters stole the limelight:
- Adani Power jumped 13.42%,
- Adani Total Gas rose 7.55% to ₹652.80,
- Adani Enterprises climbed 5.25% to ₹2,528,
- Adani Ports added 1.15% to ₹1,429.
The surge helped limit sharper losses in the benchmark indices.
Sectoral Performance
- Banking & Financials: Nifty Bank fell 0.48%, dragged by ICICI Bank, HDFC Bank, and Kotak Bank. Nifty Financial Services declined 0.64% amid selling pressure in NBFCs.
- Information Technology: Nifty IT dropped 0.47% as HCL Tech and other software majors faced profit booking.
- Automobile: Nifty Auto slipped 0.40%, weighed down by Tata Motors and M&M.
- FMCG: Nifty FMCG index shed 0.44%, with weakness in ITC, HUL, and Titan.
- Energy & Utilities: NTPC and PowerGrid bucked the trend, providing some support.
- Cement & Infra: Ultratech Cement closed lower, though gains in Adani Ports partly offset sectoral losses.
Broader Markets
Broader indices displayed resilience: Nifty Small Cap 100 edged up 0.15%, and Nifty Midcap 100 gained modestly, even as Nifty 100 slipped 0.21%. This reflects selective buying in smaller companies despite overall weakness.
Currency Watch
The Indian Rupee ended marginally stronger at 88.10 per dollar, compared to the previous close of 88.13.
Outlook
Analysts say profit booking after a three-day rally was expected, with IT and banking weighing on sentiment. Adani Group stocks are likely to remain in focus next week after SEBI’s clean chit boosted investor confidence.
