Sensex Sheds 556 Points, Nifty Slips Below 24,900 as Market Extends Losing Streak

Sensex Sheds 556 Points, Nifty Slips Below 24,900 as Market Extends Losing Streak

Indian stock markets ended in the red yet again on September 25, marking the fifth straight day of losses. The selling pressure that began last week has now deepened, with both benchmark indices closing near the day’s low.

The Sensex dropped 555.95 points, or 0.68%, to settle at 81,159.68, while the Nifty slipped 166.05 points, or 0.66%, to end at 24,890.85. The broader market also mirrored the weakness, with the BSE Midcap and Smallcap indices down 0.7% each.

 

Market Performance: A Day Dominated by Bears

The trading session opened on a muted note and remained range-bound for most of the day. However, the final hour saw heavy selling, dragging the Nifty below the crucial 24,900 mark.

  • Sensex Close: 81,159.68 (-555.95 points, -0.68%)
  • Nifty Close: 24,890.85 (-166.05 points, -0.66%)
  • BSE Midcap & Smallcap: Down 0.7% each

This was the fifth session in a row of losses, underscoring the continued bearish mood across sectors.

Sectoral Breakdown: Metals Shine, Others Sink

Almost every sectoral index on the NSE ended lower, except for metals, which managed to stay afloat with a 0.22% gain. The pressure was widespread, pulling down heavyweights from multiple industries.

  • Losers: Consumer durables, auto, power, IT, and realty — all down about 1% each
  • Gainers: Metal index up 0.22%

This split performance underlines how cautious investors are, with defensive buying only seen in metals.

 

Stock-Specific Moves: Key Action on the Street

The day also witnessed sharp moves in individual stocks, with both notable losers and gainers.

  • Major Losers:
    • Tata Motors fell 2.7% on concerns around a Euro 2 billion impact from JLR’s cyberattack
    • Trent, Shriram Finance, TCS, and Power Grid also closed lower
  • Notable Gainers:
    • Bharat Electronics, Hindalco, Axis Bank, ONGC, and Hero MotoCorp ended in the green
  • Other Highlights:
    • Optiemus Infracom gained 1.5% on a new JV announcement
    • KPI Green Energy rose 2% after securing ₹3,200 crore sanction from SBI
    • Polycab India slipped 2% on a block deal of 22.73 lakh shares
    • Newgen Software surged 3.5% on a five-year agreement with TCS NV
    • AWL Agri Business jumped 3% post-MoU with SEA and SREC
    • Hindustan Copper rallied 6.5% as copper prices hit multi-month highs
    • SEPC dropped 4% despite bagging a ₹75.19 crore purchase order
    • Maharashtra Seamless rose 1.2% on a new order worth ₹256 crore

52-Week Lows: Broader Market Pain

Over 90 stocks on the BSE touched their 52-week lows, reflecting the intensity of the selling pressure. The list included big names such as:

  • Ramkrishna Forgings
  • Praj Industries
  • TCS
  • United Breweries
  • Vedant Fashions
  • Five-Star Business
  • CG Consumer

The decline across both large and mid-sized companies points to a broad-based correction rather than sector-specific weakness.

Summary: Sentiment Stays Cautious

The Indian stock market ended lower for the fifth straight session, with Sensex losing 556 points and Nifty slipping under 24,900. Sectoral losses were widespread, led by consumer durables, auto, IT, and realty, while metals stood as the lone bright spot.

Stock-specific action remained active, with over 90 companies hitting 52-week lows, showing the depth of selling in the broader market.

For now, investors continue to remain on edge as the market battles persistent pressure across sectors.

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